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Oil prices rise on US supplies, Libya deal skepticism

Oil prices advanced Wednesday after a US supply report showed strong gasoline demand and as questions persisted about a full resumption of Libyan oil exports. US benchmark West Texas Intermediate for May delivery rose $1.04 to $103.60 a barrel on the New York Mercantile Exchange. In London. Brent oil for May delivery added 31 cents to $107.98 a barrel. The Energy Information Administration said US crude supplies jumped 4.0 million barrels for the week ended April 4, well above the 1.0 million forecast by analysts surveyed by the Wall Street Journal.

Oil prices rise as Ukraine offsets higher stockpiles

Oil prices rose slightly on Wednesday as concerns over supplies through Ukraine offset official data showing a jump in US crude inventories, traders said. New York's main contract West Texas Intermediate (WTI) for delivery in May climbed 35 cents to $102.91 a barrel. Brent North Sea crude for May gained 28 cents to stand at $107.95 a barrel in late London deals.

Oil prices mixed on growing Ukraine fears

Oil prices were mixed in Asian trade Wednesday following big gains in European and US trade that were fuelled by renewed Russia-Ukraine tensions. New York's main contract West Texas Intermediate (WTI) for May delivery eased 12 cents to $102.44 a barrel in mid-morning trade while Brent North Sea crude for May was up five cents to $107.72. WTI surged $2.12 in New York to its highest level in a month after pro-Russian protesters seized buildings in the eastern Ukrainian city of Donetsk. Brent jumped $1.85 in London.

Crude jumps above $102 a barrel on Ukraine unrest, lower forecast for US output

The price of oil climbed above US$102 a barrel Tuesday, supported by renewed unrest in eastern Ukraine and a lowered domestic production forecast from the U.S. Energy Department. Benchmark West Texas Intermediate crude for May delivery gained $2.12, or 2.1 per cent, to US$102.56 a barrel on the New York Mercantile Exchange, its highest closing price since March 7. Brent crude, used to set prices for international oil varieties, rose $1.85 to US$107.67 on the ICE Futures exchange in London.

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___ American the latest airline to tweak flier program DALLAS (AP) — Airline travellers are adjusting to constant turbulence in frequent-flier programs. American Airlines is the latest to tinker with its program. The Dallas-based carrier on Tuesday announced changes that make it tougher to redeem miles for a flight during busy travel periods, and to check a bag without a fee.

Energy Department forecasts slightly lower gasoline prices for the summer and year

NEW YORK, N.Y. - Drivers will get the slightest of breaks on gasoline prices this summer, according to the Energy Department. The national average price is forecast to fall — by just one cent — to $3.57 per gallon between April and September, the months when Americans do most of their driving. Still, that would be the lowest average since 2010. For the year, the Energy Department's Energy Information Administration expects gasoline to average $3.45 per gallon, down from $3.51 last year and also the lowest since 2010.

Oil prices rise on Ukraine fears

Oil prices rose in Asian trade Tuesday on renewed fears about Ukraine after pro-Russian protesters seized government buildings in the eastern city of Donetsk. New York's main contract West Texas Intermediate (WTI) for May delivery rose 46 cents to $100.90 a barrel in mid-morning trade and Brent North Sea crude for May gained 31 cents to $106.13.

Oil prices rise on Ukraine fears

Oil prices rose in Asian trade Tuesday on renewed fears about Ukraine after pro-Russian protesters seized government buildings in the eastern city of Donetsk. New York's main contract West Texas Intermediate (WTI) for May delivery rose 51 cents to $100.95 a barrel in afternoon trade and Brent North Sea crude for May gained 26 cents to $106.08.

Gas prices continue to rise, reaching $3.61 for a gallon of regular gasoline

CAMARILLO, Calif. - The average U.S. price of a gallon of gasoline has risen 5 cents in the past two weeks. The Lundberg Survey of fuel prices released Sunday says the price of a gallon of regular is $3.61, the highest price in Lundberg's twice-monthly surveys since late July 2013. But the current price is 4 cents under its year ago point. Midgrade costs an average of $3.79 a gallon, and premium $3.94. The average diesel price is $4.00, down 2 cents.

Oil prices rise on jobs report, low Libya output

Oil prices advanced Friday due to a solid US jobs report and continued doubt about the prospects for a full recovery of Libyan exports. US benchmark West Texas Intermediate for May delivery rose 85 cents to finish at $101.14 a barrel on the New York Mercantile Exchange. European benchmark Brent oil for May delivery increased 57 cents to $106.72 a barrel in London.
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