facebook
twitter
rss
account
search
search
 

Crude oil loses momentum, closes lower

Aug. 8, 2012 at 4:24 PM   |   Comments

| License Photo
NEW YORK, Aug. 8 (UPI) -- Crude oil slipped from early gains Wednesday, losing 32 cents to settle at $93.35 a barrel on the New York Mercantile Exchange.

Natural gas prices were off 3 cents, closing at $2.93 per million British thermal units.

Reformulated blendstock gasoline dropped 1 cent to settle at $2.98 a gallon.

Home heating oil was up 2 cents to close at $3.02 a gallon.

At the pump, the average cost for a gallon of regular unleaded gasoline was $3.647 Wednesday, up from $3.634 on Tuesday, AAA reported.

© 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.
Recommended UPI Stories
Featured UPI Collection
trending
Notable deaths of 2014 [PHOTOS]

Notable deaths of 2014 [PHOTOS]

Most Popular
1
Texas, N.D. oil push imports down
2
Twinkies' Chicago facility to close
3
Australia orders Supacat special operations vehicles
4
Meggitt selected for live-fire range systems
5
Scout attack helicopter demos firepower
Trending News
Video
x
Feedback