Oil rose to around $102 a barrel on Friday, Reuters reported. U.S. crude for October delivery rose $1.27 to $102.14 a barrel by 1058 GMT, having settled $1.71 lower on Thursday, when prices dipped as low as $100.10, their lowest since early April. London Brent gained $1.17 to $98.81 a barrel, after a fall to around a six-month low of $96.99 on Thursday. Oil has fallen about 30 percent from a record peak of $147.27 a barrel on July 11. U.S. crude oil prices came close to breaching the $100 mark on Thursday, despite the threat from Hurricane Ike.
