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Oct. 12, 2012 / 5:50 PM

Crude oil dips lower than $92

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NEW YORK, Oct. 12 (UPI) -- Crude oil prices dipped to less than $92 per barrel Friday on the New York Mercantile Exchange, hovering at the same level all week.

In a report delayed by Monday's holiday, oil inventories rose by 1.7 million barrels from the previous week to 366.4 million barrels, the U.S. Energy Information Administration said Thursday.

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West Texas Intermediate crude for November delivery lost 43 cents to close at $91.64 per barrel.

Natural gas prices shed 0.8 cents to $3.596 per million British thermal units. Home heating oil lost 3.71 cents to $3.22 per gallon. Reformulated blendstock gasoline dropped 6 cents to $2.8956 per gallon.

At the pump, the average price for a gallon of regular unleaded gasoline was $3.81 per gallon, down from Thursday's $3.813, AAA reported.

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