crude oil futures prices dec 23 2011

crude oil futures prices dec 23 2011 ; Oil prices closed in on $100 a barrel Friday in Asia amid signs an improving U.S. economy will boost demand for crude. Benchmark crude for February delivery was up 40 cents to $99.93 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose 86 cents to finish at $99.53 on Thursday.

In London, Brent crude was steady at $107.89 on the ICE futures exchange. Crude has jumped from below $93 earlier this week on evidence of a slow but steady improvement in the U.S. economy.

Trading volume is normally low during the next week as many traders take vacations around the Christmas and New Year’s Day holidays.

In other energy trading on the Nymex, natural gas fell 2.6 cents to $3.14 per 1,000 cubic feet. Heating oil rose 0.5 cent to $2.92 a gallon and gasoline futures were up 1.2 cents to $2.65 a gallon. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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