Oil price Market News Review Today: Oil Prices pushed higher during the final
trading session of the last week. Light Crude and Heating Oil both closed the
final session of the last week higher across the board. Oil prices had been
trending lower over the course of the last week as a whole, and then the
positive jobs report in the U.S. posted and oil price trends moved higher as
well. The primary stock indices in the U.S. closed in the green across the board
due, in part, to the better than expected economic data posting on Friday. The
national unemployment rate dropped to 8.3 percent and the Dow and Nasdaq
finished at relative highs. The economy in the U.S. is moving along in a
positive direction. The growth, paired with the dip in unemployment and the rise
in jobs, means more Americans commuting. Oil prices notched higher to end the
week for the first time of the week. Oil Price Market Close Gas Price Market
Close: Light Crude Oil for March delivery finished the last session higher by
1.54 percent and posted a close price at 97.84 per barrel. Heating Oil finished
the last session higher by 2.01 percent at 3.11 per gallon. Natural Gas closed
out the last session red by 2.15 percent and posted a floor price close at 2.50
per million BTUs. Unleaded Gas finished the last session higher by 1.59 percent
and posted a floor price close at 2.91 per gallon. Camillo Zucari
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