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HEATING OIL-FUTURES PRICES, OTHER ENERGY SOURCES RISE

SHARE HEATING OIL-FUTURES PRICES, OTHER ENERGY SOURCES RISE

Heating oil futures rose sharply Friday after U.S. Energy Secretary Hazel O'Leary indicated the government will not intervene to relieve one of the tightest supply situations ever going into the cold weather months.

Crude oil rose to a new post-gulf war high, and unleaded gasoline futures also jumped. Elsewhere, soybean and wheat futures fell sharply, while copper futures advanced.Heating oil and other energy futures prices had been under pressure ahead of Friday's meeting between O'Leary, oil company executives and Justice Department officials about sharply rising distillate prices.

Energy prices climbed earlier in the session on instability in Russia and amid continued supply tightness in Europe.