Oil Prices Continue To Trend Higher

New York, NY, Jan. 5, 2010--Oil prices advanced near $82 a barrel, as snowstorms and freezing weather in much of the northern hemisphere boosted demand for fuels.

Crude oil for February delivery advanced as much as 0.6 percent to $81.99 in New York.

Oil has rallied from a low of $32.70 in January 2009.