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Crude oil regains $96

Sept. 7, 2012 at 6:47 PM   |   Comments

NEW YORK, Sept. 7 (UPI) -- Crude oil prices topped $96 per barrel for the first time in a week Friday as oil remained in a neutral trading range between $91 and $97 per barrel.

On the New York Mercantile Exchange, West Texas Intermediate crude oil for October delivery lost 17 cents to $96.25 per barrel. That was the highest finish since the previous Friday when it settled at $96.47.

Natural gas gained 3.1 cents to $2.713 per million British thermal units.

Home heating oil added 4.52 cents to $3.1489 per gallon. Reformulated blendstock gasoline added 0.29 cents to $3.0225 per gallon.

At the pump, the average price for a gallon of regular unleaded gasoline was $3.822 per gallon Friday, down from Thursday's $3.823, 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.
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