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U.S. markets recover from steep losses
NEW YORK, Feb. 26 (UPI) -- Crude oil prices climbed solidly above $79 per barrel Friday on the New York Mercantile Exchange, with the dollar index down 0.52 percent.
Although the price of April delivery light, sweet crude oil rose $1.43, prices still held within a new holding pattern between $78 and $80 that began in mid-February.
After a hitting a trading session peak just above $80, crude oil settled at $79.60 per barrel Friday.
Heating oil prices added 0.0346 cents to $2.0208 per gallon. Reformulated gasoline prices rose 0.0509 cents to $2.0879 per gallon. Henry Hub natural gas prices gained 0.018 cents to $4.785 per million British thermal units.
At the pump, the national average price of unleaded gasoline was $2.701 per gallon, up from Thursday's $2.693, AAA said.
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