UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

Oil prices lower after Norway intervenes

|
 
Business is brisk at this Phillips 66 gasoline station where the price for a gallon of regular unleaded has fallen below $3.00 in Town and Country, Missouri on June 26, 2012. AAA said the national average price of unleaded gasoline was $3.381 Tuesday. UPIU/Bill Greenblatt
Business is brisk at this Phillips 66 gasoline station where the price for a gallon of regular unleaded has fallen below $3.00 in Town and Country, Missouri on June 26, 2012. AAA said the national average price of unleaded gasoline was $3.381 Tuesday. UPIU/Bill Greenblatt 
License photo
Published: July 10, 2012 at 7:42 PM

NEW YORK, July 10 (UPI) -- U.S. oil futures fell Tuesday after Norway blocked a labor shutdown of oil production that would have cut supplies.

Crude oil futures fell 2.4 percent to $83.91 a barrel on the New York Mercantile Exchange.

Home heating oil futures were down 0.18 percent to $2.7245.

Reformulated blendstock gasoline fell 0.52 percent to $2.7326 per gallon.

Natural gas for August delivery was down 14.6 cents to $2.737 per million British thermal units.

At the pump, the national average price of unleaded gasoline was down slightly to $3.381 per gallon Tuesday, AAA said.

Recommended Stories
© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
Join the conversation
Most Popular Collections
'Star Trek Into Darkness' screening NBC upfronts Met Ball 2013
'Great Gatsby' premieres in New York Spire raised on top of One WTC 2013: Celebrity break ups and divorces
Additional Business News Stories
1 of 18
Palestinian  Security Forces Patrol the Border With Egypt.
View Caption
A members of the Hamas security forces patrol the border area between Gaza and Egypt, in the southern Gaza Strip May 20, 2013. Egyptian police angered by the kidnapping of seven colleagues by Islamist gunmen kept a crossing into the Gaza Strip closed again for four days, stranding hundreds of Palestinian travellers, As Tunnels between Egypt and Gaza closed and border was declared as military zone. Palestinian security forces patrol around the border, witnesses said. UPI/Ismael Mohamad
fark
Bass fishing. Dolphin protection. Veteran support. All these license plates that support causes,...
Burglar destroys home and runs from cops, but stops mid-chase to grab a couple of beers by breaking...
Bomb shelters of the rich and famous
News: Canadian climbs Mount Everest. FARK: Double amputee conquers Mount Everest
Part-time model addicted to tanning in sun beds, admits she suffers from low-self esteem and tans...
Licensed volunteer wildlife rehabilitators help nurse animals back to health so they can reenter...