Oil Prices Rose 53 Cents to $107 a Barrel

The Associated Press reported that oil prices rose 53 cents to $107 a barrel over mixed signs about U.S. economic growth.

As quoted in the market news:

By early afternoon in Europe, benchmark oil for April delivery was up 53 cents to $107.59 in electronic trading on the New York Mercantile Exchange. The contract rose $1.95 to settle at $107.06 per barrel in New York on Friday.

Click here to read the full The Associated Press report.