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Crude oil heads toward $89

Nov. 19, 2012 at 7:14 PM   |   Comments

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NEW YORK, Nov. 19 (UPI) -- Crude oil prices climbed sharply during the weekend, headed for $89 per barrel Monday on renewed tension between Israelis and Palestinians

On the New York Mercantile Exchange, West Texas Intermediate crude oil added $2.03 to reach $88.95 per barrel. Reformulated blendstock gasoline gained 0.45 cents to $2.7506 per gallon. Home heating oil prices added 0.75 cents to $3.0826 per gallon.

Natural gas prices added 1.9 cents to $3.738 per million British thermal units.

At the pump, the national average price of unleaded gasoline fell to $3.416 per gallon from Sunday's $3.418, AAA said.

© 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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