Oil prices settle near $79

By AP
Friday, July 30, 2010

Oil prices settle near $79

Energy prices settled higher on a day of uneven trading after the government said the economic recovery slowed during the second quarter as consumers conserved their money.

On the New York Mercantile Exchange:

Crude rose 59 cents to settle at $78.95 per barrel.

Gasoline added 0.92 cent to settle at $2.1066 a gallon.

Heating oil gained 0.55 cent to settle at $2.0427 a gallon.

Natural gas rose 9.6 cents to settle at $4.923 per 1,000 cubic feet.

On the ICE futures exchange:

Brent crude settled up 59 cents at $78.18 a barrel.

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