UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

Crude oil price recedes Monday

|
 
 
License photo
Published: Feb. 4, 2013 at 7:15 PM

NEW YORK, Feb. 4 (UPI) -- Crude oil headed down to near $96 a barrel in New York Monday, with the dollar mixed in Asia and stronger in Europe.

A sharp drop in equities on Wall Street may have signaled the end of a five-week rally, which would damper demand optimism.

West Texas Intermediate crude oil for March delivery gave up $1.64 to $96.13 per barrel on the New York Mercantile Exchange. Reformulated blendstock gasoline lost 3.28 cents to $3.0172 per gallon. Heating oil added 0.03 cents to $3.1603 per gallon.

Natural gas added 2.8 cents to $3.328 per million British thermal units.

At the pump, the national average price of unleaded gasoline rose to $3.523 per gallon from Sunday's $3.514 per gallon, AAA said.

© 2013 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.

Order reprints
Join the conversation
Most Popular Collections
'Star Trek Into Darkness' screening NBC upfronts Met Ball 2013
'Great Gatsby' premieres in New York Spire raised on top of One WTC 2013: Celebrity break ups and divorces
Additional Business News Stories
1 of 16
Flags-In Ceremony at Arlington National Cemetery
View Caption
Staff Sgt. Jeffrey Roskos with the 3rd U.S. Infantry Regiment, "The Old Guard," participates in the annual Flags-In ceremony, May 23, 2013, at Arlington National Cemetery in Arlington, Virginia. Soldiers place American flags in front of more than 260,000 gravestones in the cemetery in honor of Memorial Day. UPI/Kevin Dietsch
fark
Try not to flame your fellow citizens, but there's this, just in time for the long holiday weekend....
12 people get unhappy ending at Baghdad brothel
Meanwhile, in Wisconsin: Thong Cape Scooter Man
Lesbian teen arrested for sex with underage girlfriend refuses to take plea deal. Says she's not...
Photoshop these dudes and this deer
NPR asks the question: Who drinks water better -- dogs, cats, or pigeons? FIGHT