Thursday, April 7, 2011

Oil settles higher, topped $109 a barrel on Nymex

Oil rose again on Wednesday, passing $109 a barrel at one point, as the dollar weakened against major foreign currencies.

Benchmark West Texas Intermediate gained 49 cents to settle at $108.83 per barrel on the New York Mercantile Exchange. It climbed as high as $109.15 earlier in the day — the highest since September 2008.

Dow Jones Industrial Average

 (DJI: ^DJI )
Index Value:12,426.75
Trade Time:4:04PM EDT
Change:Up 32.85 (0.27%)
Prev Close:12,393.90
Day's Range:12,386.66 -12,450.93
52wk Range:9,596.04 -12,499.00

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