Crude oil prices ease back Friday

Published: June 13, 2008 at 3:57 PM
Related Company

NEW YORK, June 13 (UPI) -- Crude oil prices slid Friday afternoon in New York as the dollar continued to gain strength against the euro and the yen.

"The strength in the dollar is certainly weighing a bit on the price of crude," BNP Paribas analyst and broker Tom Bentz told The Wall Street Journal.

On the New York Mercantile Exchange, crude oil prices fell to $135.11 per barrel from a morning price of $135.40. The price of heating oil fell to $3.83.79 per gallon. Reformulated blendstock gasoline prices also fell, down 0.5176 cents to $3.465 per gallon. Natural gas prices fell 0.195 cents to $12.603 per million British thermal units.

At the pump, the national average price for a gallon of unleaded gasoline reached a record $4.066, up from Thursday's price of $4.06, AAA said.

© 2008 United Press International, Inc. All Rights Reserved.
Order reprints



Additional News Stories
The almanac (13 min)
NBA: LA Lakers 130, Golden State 97
COL FB: Houston 73, Rice 14
NHL: Los Angeles 2, Chicago 1 (SO)
COL FB: Southern California 28, UCLA 7
NHL: Vancouver 7, Edmonton 3
NBA: Orlando 100, Milwaukee 98
fark
Ethopia is getting a new school thanks to the efforts of Bob Geldof. Classes will be held Tuesday...
Photoshop these fab fans
Woman tracks down long-lost father only to find he is now a she: "I had no idea what to do so I...
XOXO places female living mannequins wearing lingerie in their windows geared toward and you clicked...
Cindy Sheehan yells "Get out of my face" through a megaphone at point blank range to a grizzled...
Vancouver (Nanny State Jr.) considers altering law to order all residents to clear their own sidewalks...