Tuesday, June 19, 2012
Oil price rises on hopes Fed will boost US economy
AP
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The price of oil rose Tuesday on hopes that the Fed would announce actions to stimulate the economy.

On the New York Mercantile Exchange:

Crude rose by 76 cents to end the day at $84.03 per barrel.

Gasoline fell by 1.94 cents to end at $2.6415 per gallon.

Heating oil climbed 1.74 cents to finish at $2.6351 per gallon.

Natural gas lost 9 cents to finish at $2.545 per 1,000 cubic feet.

On the ICE Futures exchange in London:

Brent crude fell by 29 cents to end the day at $95.76 per barrel.

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