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Feb. 21, 2012 / 5:55 PM

Oil climbs Tuesday

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NEW YORK, Feb. 21 (UPI) -- Crude oil prices rose close to $106 a barrel Tuesday after finance leaders in Europe agreed on a $172 billion bailout loan for Greece.

Without the bailout, Greece would have gone into default in late March, which would have thrown the eurozone financial system into chaos.

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Tension in the Middle East over Iran's alleged nuclear weapons program is also pushing prices higher.

On the New York Mercantile Exchange, light, sweet, West Texas Intermediate crude added $2.27 to $105.87 per barrel, up 2.2 percent. Home heating oil added 2.09 cents to $3.2275 per gallon. Reformulated gasoline gained 5.65 cents to $3.2250 per gallon.

Henry Hub natural gas prices lost 7.1 cents to $2.65 per million British thermal units.

At the pump, the national average price of unleaded gasoline climbed half a cent to $3.570 per gallon Tuesday from Monday's $3.565, AAA said.7

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