Business News

Crude oil holds near $92

License photo

Published: Oct. 2, 2012 at 6:16 PM

NEW YORK, Oct. 2 (UPI) -- Crude oil prices moved up and down Tuesday but closed 40 cents lower than Monday, as oil remained within reach of $92 per barrel.

On the New York Mercantile Exchange, West Texas Intermediate crude oil for November delivery shed 40 cents to $91.70. Natural gas prices shed 2.2 cents to $3.509 per million British thermal units. Home heating oil shed 1.03 cents to $3.14255 per gallon. Reformulated blendstock gasoline lost 5.09 cents to $2.8692 per gallon.

At the pump, the average price for a gallon of regular unleaded gasoline was $3.78 per gallon, down from Monday's $3.782, AAA reported.

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
Energy Resources Obama threatens Keystone XL veto WASHINGTON, May 22 (UPI) -- U.S. President Barack Obama would veto a House measure that would fast-track the approval of the planned Keystone XL oil pipeline, the White House said. Oettinger: EU studying 'fracking' as it seeks to cut energy prices U.S. senators hear mixed assessment of shale Canada's west coast readies for LNG exports More to U.S. oil than North Dakota, EIA says	Security Industry Unspent billions of Chilean defense fund remain a mystery SANTIAGO, Chile, May 21 (UPI) -- More than $4 billion of cash reserved for Chilean military procurement remains unspent because of mysterious workings of funding arrangements. Oman to buy $2.1B Raytheon missile system Ukraine destroys Soviet-era missiles Northrop tapped for laser development Netherlands seeks continued F-16 training
Real Estate Foreclosure processing time at new high Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous... Altos: No sign of single family rental weakness -- yet CB Previews International draws the line on pocket listings Americans exit the housing crisis with new appreciation for renting Real Estate: Nothing to fear from zombie houses	Analysis: Economic Outlook This resembles austerity Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda. Fed shows it's human The name of the game The key to Keystone Mergers are us