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Crude oil prices near $74

Feb. 12, 2010 at 5:05 PM   |   Comments

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NEW YORK, Feb. 12 (UPI) -- Crude oil prices slid to nearly $74 per barrel Friday on the New York Mercantile Exchange on an up and down trading day.

March delivery light, sweet crude oil prices peaked at $75.28 per barrel in midday trading before losing $1.08 to settle at $74.20.

Prices ended the week higher with prices on Monday close to $71 per barrel.

Heating oil shed 0.0388 cents to $1.9242 per gallon. Reformulated gasoline blendstock lost 0.0062 cents to $1.9295 per gallon. Natural gas prices rose 0.057 cents to $5.453 per million British thermal units.

At the pump, the national average price of unleaded gasoline was $2.628 per gallon Friday, down from Thursday's $2.636, AAA said.

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