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Oil Holds Below $100 a Barrel

12/29/2011 3:00:00 PM
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Jamie Rector/Bloomberg News

Oil rose slightly Thursday but held under under $100 a barrel, down from more than $101 earlier in the week, Bloomberg reported.

Crude futures finsihed the trading day at $99.65, up 29 cents from Wednesday, on the New York Mercantile Exchange, Bloomberg said.

Oil had closed over $101 a barrel on Tuesday, topping the $100 for the first time in two weeks.

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Oil Holds Below $100 a Barrel (12/29/2011 3:00:00 PM)
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