Oil soars as Europe moves to bolster banks

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Oil soars as Europe moves to bolster banks

NEW YORK (AP) - A surprisingly aggressive debt deal in Europe sent oil prices soaring Friday to the biggest one-day gain since 2009.
Here's a breakdown of how energy prices traded:
On the New York Mercantile Exchange:
Crude: jumped by $7.27, or 9.4 percent, at $84.96 per barrel;
Gasoline: added 11.3 cents, or nearly 5 percent, to end at $2.7272 per gallon;
Heating oil: added 14.41 cents, about 6 percent, to finish at $2.696 per gallon;
Natural gas: rose by 10.2 cents, nearly 4 percent, to finish the week at $2.824 per 1,000 cubic feet.
On the ICE futures exchange:
Brent crude: rose by $6.44, or 7 percent, to $95.51 per barrel.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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