facebook
twitter
search
search

Crude oil jumps close to $97

Feb. 11, 2013 at 7:40 PM

NEW YORK, Feb. 11 (UPI) -- Crude oil prices jumped close to $97 per barrel Monday on the New York Mercantile Exchange with strong demand prompted by winter weather.

After starting out the day with a drop that took it closer to $95, West Texas Intermediate crude oil for March delivery wound up adding $1.17 from Friday's close to hit $96.94 per barrel.

Reformulated blendstock gasoline lost 2.32 cents to $3.0225 per gallon. Heating oil shed 0.15 cents to $3.231 per gallon.

Natural gas was up 2.5 cents to $3.29 per million British thermal units.

At the pump, the national average price of unleaded gasoline, up for eight consecutive weeks, rose to $3.587 per gallon from Sunday's $3.582 per gallon, AAA said.

Latest Headlines
Top Stories
Radiation protection vest being investigated for use in space
Canada buying radar from Rheinmetall Canada and Elta Systems
Chevron aims at cost reductions of $1 billion
Navy researches use of transparent material as armor
Harris enhancing targeting capabilities Navy aircraft