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Crude oil prices settle under $82

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(UPI Photo Files) 
Published: March. 12, 2010 at 4:58 PM
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NEW YORK, March 12 (UPI) -- Crude oil prices settled at less than $82 per barrel on the New York Mercantile Exchange Friday after hitting a peak last reached two months ago.

Prices have swung from $82.75 per barrel in early January to near $71 in early February and back up again.

The price of April delivery, light, sweet crude hit a mid-session high above $83 before settling back to $81.39 per barrel. Heating oil prices lost 0.015 cents to $2.10 a gallon. Reformulated gasoline blendstock prices fell 0.0123 cents to $2.2597 a gallon. Henry Hub natural gas prices lost 0.053 cents to $4.387 per million British thermal units.

At the retail level, the national average price of unleaded gasoline was $2.783 per gallon Wednesday, up from Thursday's $2.776, AAA said.

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