Qa'da 17, 1431, Oct 25, 2010, SPA -- Oil prices jumped to near $83 a barrel Monday in Asia, the Associated Press reported. Benchmark oil for December delivery was up $1.08 to $82.77 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose $1.13 to settle at $81.69 on Friday. In other Nymex trading in November contracts, heating oil rose 2.29 cents to $2.275 a gallon and gasoline gained 1.94 cents to $2.083 a gallon. Natural gas fell 3.2 cents to $3.30 per 1,000 cubic feet. In London, Brent crude rose 99 cents to $83.95 a barrel on the ICE Futures exchange.
