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News: Business

At a Glance: Oil rises, stays above $86 per barrel

October 26, 2012 | Modified: October 26, 2012 at 5:01 pm
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NEW YORK (AP) — The price of oil rose slightly Friday as data showed the U.S. economy is muddling along while the East Coast prepares for a potentially damaging storm.

On the New York Mercantile Exchange:

Benchmark crude rose 23 cents to finish at $86.28 per barrel.

Heating oil rose 3.57 cents to finish at $3.0978 per gallon.

Gasoline rose 2.27 cents to finish at $2.6991 per gallon.

Natural gas fell 3.4 cents to finish at $3.40 per 1,000 cubic feet.

On the ICE Futures exchange in London:

Brent crude rose $1.06 to finish at $109.55 per barrel.