The price of oil crept up to near $103 a barrel Friday after a solid increase in U.S. employment and a decline in the dollar.

Benchmark U.S. crude for April delivery rose $1.02 to close at $102.58 a barrel on the New York Mercantile Exchange. After a swing in prices earlier in the week due to the situation in Ukraine, oil ended the week with a loss of 1 cent.

Brent crude, used to set prices for international varieties of crude, gained 90 cents to $109 a barrel on the ICE Futures exchange in London.

At the gas pump, the average price for a gallon of gas across the U.S. rose 1 cent to $3.48. That’s 21 cents higher than a month ago, but still 24 cents cheaper than at this time last year.


Only subscribers are eligible to post comments. Please subscribe or to participate in the conversation. Here’s why.

Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.