NEW YORK, March 22 (UPI) -- The price of crude oil added $1.33 to $93.78 a barrel Friday in New York as U.S. equities rebounded.
Investors shrugged off fears of a crisis in the eurozone, as leaders from Cyprus were in talks to rescue a derailed bailout plan for Cypriot banks.*
On the New York Mercantile Exchange, gasoline shed 0.35 cents to $3.0515 per gallon. Home heating oil broke even at $2.975 a gallon.
Natural gas gained 0.3 cents to reach $3.937 per million British thermal units.
At the pump, a gallon of regular unleaded gasoline was $3.686 Friday, down from Thursday's $3.691, the AAA Fuel Gauge Report said.
European financial leaders are focused on a bailout plan for Cyprus that includes the country raising $7.5 billion to secure a $13 billion loan from the European Stability Mechanism. The European Central Bank gave the island nation until Monday to come up with a new plan to secure the loan, which is needed to help the country's banks stay in business.