Traders are focused on the budget impasse in Washington, but no news on the issue on Christmas Eve turned out to be good news -- or good enough -- and prices held steady.
Lawmakers have until the end of the year to reach a budget compromise to avoid the combination of tax hikes and spending cuts that many fear would send the U.S. economy back into a recession.
On the New York Mercantile Exchange, West Texas Intermediate crude oil for February delivery added 8 cents to $88.74 per barrel. Home heating oil for February gave up 0.07 cents to $3.0095 a gallon. Reformulated blendstock gasoline was up 0.67 cents to $2.7225 a gallon.
Natural gas prices fell 0.84 cents to $3.367 per million British thermal units.
At the pump, AAA reported a national average price for regular unleaded gasoline hit $3.247 per gallon, up from Sunday's $3.246.
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