Oil extends gains above $100 as cold weather in the US supports demand for heating fuels

  • by: PABLO GORONDI , Associated Press
  • Updated: February 17, 2014 - 8:05 AM

The price of oil extended gains above $100 a barrel Monday as the cold weather in the United States increased demand for heating fuels and solid Chinese credit numbers eased concerns over the world's number 2 economy.

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