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Oil rises on US unemployment benefit claims data; natural gas jumps 3 per cent as supply falls

Canadian Press, The Canadian Press
0 Comments| March 7, 2013

The price of oil rose above $91 a barrel Thursday on a positive signal from the U.S. jobs market. Natural gas rose 3 per cent as supplies dropped more than expected.

Benchmark oil for April delivery gained 65 cents to $91.08 a barrel in morning trading on the New York Mercantile Exchange. Natural gas futures jumped 11 cents to $3.58 per 1,000 cubic feet.

© The Canadian Press, 2013

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