Oil prices rise slightly

The price of crude oil held relatively steady Friday, rising only slightly during the session.

The lack of significant movement in oil prices came even though the International Energy Agency released a report during the day saying that it seems oil prices topping $200 per barrel by 2030 after an early projection that put prices at $108 per barrel by that time.

Holding prices down was a Labor Department report showing the US unemployment rate at 6.5 percent in October, with 240,000 jobs lost in the month, which weakened the US dollar.

December contracts for West Texas Intermediate crude added 27 cents to $61.04 per barrel on the New York Mercantile Exchange while Brent crude for December delivery gained just a cent to $57.44 per barrel on the ICE Futures Europe exchange in London.

Nymex December gasoline futures added a cent to $1.35 per gallon while December heating oil gained 2 cents to $1.97 per gallon.

At-the-pump prices for regular unleaded gasoline dropped another 2.6 cents to $2.314 per gallon overnight on average in the United States.