Oil Prices Rose a Bit After Decline

Oil prices finished slightly higher Tuesday, after a volatile day that saw prices fall by more than $1 per barrel and then rebound to a 2007 high.

Light, sweet crude for April delivery added 7 cents to settle at $61.46 a barrel on the New York Mercantile Exchange.

Brent crude for April rose 3 cents to settle at $61.36 a barrel Tuesday on the ICE Futures exchange.

Heating oil futures rose 2.31 cents to $1.7793 a gallon on the Nymex, while April natural gas fell 17 cents to $7.533 per 1,000 cubic feet.