Benchmark oil for March delivery rose $1.13, or 1.2 percent, to close at $97.57 on the New York Mercantile Exchange. Brent crude, used to price international varieties of oil, rose 88 cents to end at $114.36 a barrel on the ICE Futures exchange in London.
Wholesale gasoline rose 4 cents to finish at $2.97 per gallon. Natural gas lost 6 cents to end at $3.23 per 1,000 cubic feet. Heating oil gained 5 cents to finish at $3.11 a gallon.