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Crude oil hangs onto $97

May 10, 2012 at 6:38 PM   |   Comments

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NEW YORK, May 10 (UPI) -- The price of crude oil in New York topped $97 per barrel Thursday as equity markets in a tough week began to rebound.

West Texas Intermediate crude oil for June delivery added 31 cents to $97.08 per barrel.

Natural gas added 2.2 cents to $2.487 per million British thermal units.

Home heating oil lost 1.57 cents to $2.9834 per gallon.

Reformulated blendstock lost 1.39 cents to $3.0102 per gallon.

At the pump, the national average price of unleaded gasoline dropped from Wednesday's $3.75 per gallon to $3.739, AAA said.

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