facebook
twitter
search
search

Crude oil prices head higher

Sept. 27, 2011 at 6:00 PM
| 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.

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.

Like Us on Facebook for more stories from UPI.com  
Latest Headlines
Top Stories
Australian troops to receive new rifle variant
U.S. wades deeper into marine energy
Kurdish government in Iraq selling more oil
Saab joining BAE Systems, Patria in bid to produce armored vehicle
Houston-based LINN leaves Texas shale