Oil hovers around $105

CNNMoney.com
March 9, 2011

Oil prices held steady Wednesday as investors remained focused on geopolitical concerns ahead of data on U.S. crude supplies, while a government agency forecast higher gas prices for all of 2011.

The benchmark U.S. oil contract, West Texas Intermediate, was up 35 cents to $105.37 a barrel for April delivery.

Read entire article