Oil prices end higher after earlier slide

September 7, 2012 

NEW YORK (AP) - The price of oil finished higher Friday as concerns about a disappointing U.S. employment report gave way to the likelihood of action by the Federal Reserve.

On the New York Mercantile Exchange:

Benchmark crude rose 89 cents to finish at $96.42 per barrel.

Wholesale gasoline rose 2.86 cents to end at $3.0196 a gallon.

Heating oil rose 0.64 cent to finish at $3.1489 a gallon.

Natural gas lost 9.4 cents to end at $2.6820 per 1,000 cubic feet.

On the ICE futures exchange in London:

Brent crude rose 76 cents to finish at $114.25.

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