Oil prices start 2012 up more than 4 percent (AP)

Oil prices soared Tuesday as tensions grew over key Persian Gulf oil shipments. Here's how energy futures contracts traded.

On the New York Mercantile Exchange:

Benchmark crude rose $4.13 to finish at $102.96 per barrel.

Gasoline rose 9.12 cents to end at $2.7486 per gallon.

Heating oil rose 12.4 cents to finish at $3.0382 per gallon.

Natural gas rose 0.4 cent to end at $2.9930 per 1,000 cubic feet.

On the ICE Futures exchange in London:

Brent crude rose $4.75 to finish at $112.13 per barrel.

Source: http://us.rd.yahoo.com/dailynews/rss/energy/*http%3A//news.yahoo.com/s/ap/20120103/ap_on_bi_ge/oil_prices_glance

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