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Sept. 27, 2011 / 6:00 PM

Crude oil prices head higher

A driver watches the pump as the gas costs increase in Denver on April 15, 2011. Gas and food price increases will affect the nation's economic growth in the coming months. UPI/Gary C. Caskey

A driver watches the pump as the gas costs increase in Denver on April 15, 2011. Gas and food price increases will affect the nation's economic growth in the coming months. UPI/Gary C. Caskey | License Photo

NEW YORK, Sept. 27 (UPI) -- Crude oil prices gained ground Tuesday in New York, topping $83 per barrel as traders took a cue from a two-day rally in equity markets.

On the New York Mercantile Exchange, West Texas Intermediate crude oil for November delivery gained $3.43, or 4.3 percent, to reach $83.67 per barrel.

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Home heating oil for November delivery lost 0.07 cents from a midday peak to reach $2.885 per gallon. Reformulated blendstock gasoline shed 0.96 cents to $2.6264 per gallon.

Henry Hub natural gas prices dropped 1.1 cents to $3.816 per million British thermal, units.

At the gas pump, the national average price of unleaded gasoline fell to $3.479 per gallon from Monday's $3.493, AAA said.

In the past seven days, the national average price of gasoline has dropped 10.1 cents.

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