Benchmark crude for February delivery rose $1.30 to finish the first trading day of the year at $93.12 a barrel on the New York Mercantile Exchange. Brent crude, used to price various kinds of international oil, rose $1.36 to end at $112.47 a barrel on the ICE Futures exchange in London.
Wholesale gasoline rose 3 cents to finish at $2.80 a gallon. Heating oil added a penny to end at $3.05 a gallon. Natural gas fell 12 cents to finish at $3.23 per 1,000 cubic feet.