NEW YORK, Dec. 19 (UPI) -- Crude oil prices broke to higher ground Wednesday, closing in on $90 per barrel in New York.
West Texas Intermediate crude oil for January delivery added $1.58 or 1.7 percent to $89.98 per barrel.
Prices were given a boost by a weekly inventory report that said crude oil stock piles had dropped by 1 million barrels in the week to 371.6 million barrels.
On the New York Mercantile Exchange, home heating oil for January added 3.91 cents to $3.0356 a gallon. Reformulated blendstock gasoline gained 5.22 cents to $2.7431 a gallon.
Natural gas prices shed 1 cent to $3.32 per million British thermal units.
At the pump, AAA reported a national average price for regular unleaded gasoline at $3.226 per gallon, down from Tuesday's $3.236.
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TEL AVIV, Israel, May 17 (UPI) --Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.