
NEW YORK, Feb. 26 (UPI) -- The price of a barrel of crude oil held at more than $92 per barrel Tuesday after the week in equity markets started with a thud on Wall Street.
Major stock indexes dropped at least 1.5 percent Monday on Wall Street. The dollar gained strength, which also pressured oil prices.
On the New York Mercantile Exchange, West Texas Intermediate crude oil for April delivery added 70 cents to $92.79 per barrel. Gasoline prices on the exchange dropped 1.47 cents to $3.2188 per gallon.
Heating oil shed 3.31 cents to $3.0355 per gallon. Natural gas lost 1.5 cents to hit $3.451 per million British thermal units.
At the pump, the national average price for a gallon of regular unleaded gasoline rose from Monday's $3.777 to $3.782 per gallon, the AAA Daily Fuel Gauge Report said.
|
|
|
|
|
|
| Additional Business News Stories | |
OSLO, Norway, May 24 (UPI) --
Norwegian oil and gas company DNO International said tests from a field in the Kurdish region of Iraq yielded an average flow rate of more than 100,000 bpd.
|
LEIDEN, Netherlands, May 24 (UPI) --
With South Korea edging closer to deciding on a contractor for its $7.3 billion KF-X fighter program a European competitor is dangling a new carrot to its bid.
|
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