September 16, 2014
The price of oil is higher after tensions rose between Syria and Turkey.
Oil rose to $89.21, a jump of $1.06, or 1.2 percent, in morning trading on the New York Mercantile Exchange.
Thursday's rise follows a steep decline of 4 percent on Wednesday.
The increase in prices came as Turkey's military fired on targets in Syria for the second day. Prices also got a boost from economic reports showing improvement in the U.S. services sector, and a modest gain in private sector hiring.
Natural gas rose slightly, despite a government report showing that more of it went into storage last week than analysts had expected. Prices rose a half-percent to $3.412 per 1,000 cubic feet.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.