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Crude oil prices rise Wednesday

Numbers are displayed on an electronic sign at the NYMEX as oil nears $104 per barrel on March 4, 2008 in New York. Oil prices continued to rise ahead of the OPEC production meeting where it is predicted that OPEC will not increase oil supply to ease record-high prices. (UPI Photo/Monika Graff)
Numbers are displayed on an electronic sign at the NYMEX as oil nears $104 per barrel on March 4, 2008 in New York. Oil prices continued to rise ahead of the OPEC production meeting where it is predicted that OPEC will not increase oil supply to ease record-high prices. (UPI Photo/Monika Graff) | License Photo

NEW YORK, June 17 (UPI) -- Crude oil prices rose slightly on the New York Mercantile Exchange Wednesday, as prices hovered near the $70 per barrel mark.

Crude oil prices gained 41 cents to $70.88 per barrel. Heating oil prices fell 0.0345 cents to $1.8595 per gallon. Reformulated blendstock gasoline fell 0.0868 cents to $2.0203 per gallon. Natural gas prices gained 0.113 cents to $4.242 per million British thermal units.

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At the pump, the average price for a gallon of regular unleaded gasoline was $2.679 Wednesday, up from Tuesday's $2.674 a gallon, AAA said.

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