Oil prices continue to rise, driven by forecasts for international energy consumption

Energy prices at a Glance

Energy prices followed the stock market higher. Oil rose for the fourth day in a row after the International Energy Agency increased its forecast for global crude demand. The Paris-based energy watchdog says that developing countries will drive energy demand this year.

Here’s a breakdown of how energy prices traded Thursday:

On the New York Mercantile Exchange:

Crude: added 76 cents to $75.28 a barrel

Gasoline: added less than a penny at $1.9357

Heating oil: rose 1.61 cents at $1.963

Natural gas: gained 10.4 cents at $5.396 per 1,000 cubic feet

On the ICE futures exchange:

Brent crude: increased 51 cents to $73.05 a barrel