Business News

Crude oil closes above $95 a barrel

Published: Jan. 18, 2013 at 4:20 PM

NEW YORK, Jan. 18 (UPI) -- The price of crude oil rose 7 cents during trading Friday to settle at $95.56 a barrel on the New York Mercantile Exchange.

Gasoline added 3 cents to finish at $2.80 a gallon.

Home heating oil rose 3 cent to $3.05 a gallon.

Natural gas climbed 7 cents to end the trading session at $3.57 per million British thermal units.

At the pump, AAA reported the national average price for regular unleaded gasoline rose to $3.293 per gallon from Thursday's $3.292.

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A members of the Hamas security forces patrol the border area between Gaza and Egypt, in the southern Gaza Strip May 20, 2013. Egyptian police angered by the kidnapping of seven colleagues by Islamist gunmen kept a crossing into the Gaza Strip closed again for four days, stranding hundreds of Palestinian travellers, As Tunnels between Egypt and Gaza closed and border was declared as military zone. Palestinian security forces patrol around the border, witnesses said. UPI/Ismael Mohamad

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