Crude oil prices rise Monday

NEW YORK, Nov. 30 (UPI) -- Crude oil prices rebounded to more than $77 per barrel Monday on the New York Mercantile Exchange with investors still concerned about a debt crisis in Dubai.

The price of light, sweet crude lost ground over the weekend, as the central bank of the United Arab Emirate said Sunday it would support banks doing business in Dubai, where Dubai World said Wednesday it would restructure $59 billion in debt.

Crude oil staged a comeback Monday, rising $1.50 to 77.42 per barrel.

Heating oil prices rose 0.0559 cents to $2.0181 per gallon. Reformulated gasoline prices rose 0.0746 cents to $2.0008 per gallon.

Natural gas prices fell 0.023 cents to $4.825 per million British thermal units.

At the pump, the national average price of unleaded gasoline was unchanged Sunday to Monday at $2.629 per gallon, AAA said.