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Crude oil holds steady Monday morning

Nov. 12, 2012 at 10:18 AM   |   Comments

NEW YORK, Nov. 12 (UPI) -- Crude oil prices gave up 10 cents over the weekend, slipping to $85.97 a barrel on the New York Mercantile Exchange Monday morning.

Gasoline prices gained 2.58 cents to $2.725 a gallon.

Home heating oil rose 0.36 cents to $3.0091.

Natural gas prices added 1.4 cents to reach $3.517 per million British thermal units.

At the pump, the national average price of unleaded gasoline fell to $3.437 per gallon from Sunday's $3.439, AAA said.

In a report unlikely to affect prices in the short term, the International Energy Agency's "World Energy Outlook" report released Monday said the United States by 2035 will reach self-sufficiency in terms of net imports and exports of natural gas and oil.

© 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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