Crude oil turns away from $93

Oct. 17, 2012 at 7:01 PM
| License Photo

NEW YORK, Oct. 17 (UPI) -- A crude oil price rally lost steam Wednesday, as prices settled back to even on the New York Mercantile Exchange, unchanged at $92.03 per barrel.

West Texas Intermediate crude for November delivery was aiming for $93 per barrel early, but confidence did not hold and prices retreated.

Natural gas prices gained 0.26 cents to $3.476 per million British thermal units. Home heating oil added 1 cent to $3.195 per gallon. Reformulated blendstock gasoline dropped 0.058 cents to $2.7783 per gallon.

At the pump, the average price for a gallon of regular unleaded gasoline was $3.756 per gallon, down from Tuesday's $3.773, AAA reported.

Related UPI Stories
Latest Headlines
Trending Stories
Vatican: Pope's meeting with Kim Davis not a show of support
Potential male contraceptive found in study with mice
Cancer and height are linked, new study shows
Hacker may have exposed data of 15 million T-Mobile customers
Education Secretary Arne Duncan to step down in December