LONDON -- Oil prices rose above $100 a barrel Friday as investors waited for details of a U.S. government plan that could help ease the credit crisis that has roiled global markets, according to The Associated Press.

Light, sweet crude for October delivery rose $3.98 to $101.86 a barrel in electronic trading on the New York Mercantile Exchange after word of the plan eased concerns that demand for energy would fall sharply amid a weakening world economy.