NEW YORK, Nov. 29 (UPI) -- Crude oil prices made slight gains Thursday on the New York Mercantile Exchange, supported by a two-day rally in equities.
West Texas Intermediate crude oil added 12 cents to $87.66 a barrel with price support also coming from a weaker U.S. dollar.
Home heating oil shed 0.51 cents in late trading to $3.0518 a gallon while reformulated blendstock gasoline lost 1.29 cents to $2.7205 a gallon. Henry Hub natural gas shed 1.34 cent to $3.648 per million British thermal units.
On Wednesday, the Energy Information Agency said stockpiles of crude were little changed in the week with a drawdown of about 300,000 barrels. Still, even a slight draw down with winter weather setting in is likely to push prices higher.
At the pump, AAA reported regular unleaded gasoline selling for $3.409 per gallon, down from Wednesday's $3.415.
|Additional Business News Stories|
CHICAGO, June 18 (UPI) --More than 20 activists were arrested in Chicago Monday while demonstrating against the Keystone XL oil pipeline, an advocacy group said.
PARIS, June 18 (UPI) --A new system for indirect precision attack for land and naval forces has been unveiled at the Paris Air Show by European missile systems company MBDA.