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.


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