
NEW YORK, Feb. 22 (UPI) -- The price of a barrel of crude oil held close to $93 per barrel Friday after the European Commission downgraded its eurozone economic forecast.
The commission had predicted the eurozone's economy would grow slightly. The change calls for a slight contraction for 2013.
On the New York Mercantile Exchange, West Texas Intermediate crude oil for April delivery added 34 cents to $93.36 per barrel. Gasoline prices on the exchange added 3.87 cents to $3.2748 per gallon.
Heating oil gained 0.75 cents to $3.1074 per gallon. Natural gas gained 3.5 cents to $3.277 per million British thermal units.
At the pump, the national average price for a gallon of regular unleaded gasoline rose to $3.781 per gallon from Thursday's $3.778, the AAA Daily Fuel Gauge Report said.
|
|
|
|
|
|
| Additional Business News Stories | |
HOUSTON, May 21 (UPI) --
A 95-mile pipeline extension from western Oklahoma and the Texas panhandle will carry as much as 75,000 barrels of oil per day, a pipeline company said.
|
RIO DE JANEIRO, May 20 (UPI) --
Sweden's Saab is upgrading its bid for Brazil's FX-2 jet fighter purchase plan, even as it weighs challenges from rivals Boeing and France's Dassault.
|
Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
|
Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
|
| Stories | Photos | Comments |
View Caption