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>> BRITISH PETROLEUM Latest News

JAN 29, 2013 - MarketWatch

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Oil end above $97 at highest since September

SAN FRANCISCO (MarketWatch) -- Oil futures rose above $97 a barrel Tuesday, marking the highest settlement for a front-month contract since mid-September. Ongoing tensions in the Middle East fed global supply concerns and oil traders awaited U.S. updates on petroleum supplies. March crude rose $1.13, or 1.2%, to settle at $97.57 a barrel on the New York Mercantile Exchange. While the settlement "represents a four-month high for crude, [West Texas Intermediate crude] prices are likely retreat back to $95 on Friday should U.S. monthly employment data for January fail to meet market ... Read More

Tags: Oil end above $97 at highest since September,  British Petroleum Latest News