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Output and earnings weak in Britain
NEW YORK, June 19 (UPI) -- Crude oil prices closed at more than $69 a barrel Tuesday on the New York Mercantile Exchange as traders weighed worrisome developments in Nigeria.
Starting out the day lower, crude oil prices eventually climbed 1 cent, compared to Monday's close, to end up at $69.10 a barrel on the exchange, its strongest closing level since mid-September.
Traders had to contend with reports from Nigeria on violence disrupting oil production and the possibility of an oil worker strike threatening to restrict the African country's output.
Other energy commodities closed down.
Heating oil closed down 0.74 cents to $2.0268 a gallon. Natural gas fell 17.1 cents to close at $7.519 per million British thermal units.
Gasoline also fell, closing at $2.2346 a gallon, a drop of 2.97 cents.
At the pump, the price for a gallon of gas was $3.002, down slightly from Monday's $3.005 price, said AAA's Daily Fuel Gauge Report.
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