facebook
twitter
rss
account
search
search
 

Crude oil hovers near $93 a barrel

Feb. 22, 2013 at 5:04 PM   |   Comments

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.

© 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.
Recommended UPI Stories
Featured UPI Collection
trending
Notable deaths of 2014 [PHOTOS]

Notable deaths of 2014 [PHOTOS]

Most Popular
1
Brazil assessing capabilities of Russian air defense system
2
City of London Police get Kaspersky Lab training
3
U.S. Navy receives first low-rate production RAM Bock 2 missile
4
Zephyr 7 UAS chalks up new achievement
5
Iran vetting oil customers
Trending News
Video
x
Feedback