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Oil slightly higher amid economic questions
Dhu Published in Saudi Press Agency on 02 - 10 - 2012

AlQa'dah 16, 1433, Oct 2, 2012, SPA -- The price of oil turned slightly higher Tuesday as investors weighed positive U.S. economic news against ongoing concerns about Europe.
Benchmark oil rose 13 cents to $92.61 per barrel in afternoon trading on the New York Mercantile Exchange. Brent crude, which is used to price international varieties of oil, fell 29 cents to $111.90 per barrel in London, AP reported.
In other Nymex energy futures trading:
- The price of natural gas was flat at $3.48 per 1,000 cubic feet. That's 82 percent above the low for the year of $1.91 reached in April.
- Heating oil is unchanged at $3.14 per gallon.
- Wholesale gasoline is down 3 cents at $2.89 per gallon.
-- SPA

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