The price of oil jumped more than $3 a barrel Tuesday as investors, along with voters across the country, await the results of the U.S. presidential election. It was the biggest one-day jump in a month.
On the New York Mercantile Exchange:
Benchmark crude rose $3.06, or 3.5 percent, to finish at $88.71 in New York.
Wholesale gasoline rose 8 cents to $2.70 a gallon.
Heating oil rose 7 cents to $3.05 a gallon.
Natural gas rose 6 cents $3.62 per 1,000 cubic feet.
On the ICE Futures exchange in London:
Brent crude, which is used to price international varieties of oil, surged $3.34, or 3.1 percent, to $111.07 in London.
- Investment & Company Information
- New York Mercantile Exchange