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Crude oil prices steady Tuesday

April 2, 2013 at 6:24 PM   |   Comments

NEW YORK, April 2 (UPI) -- The price of crude oil dropped a touch under $97 a barrel Tuesday as traders considered economic data and a supply disruption in the Midwest.

The European Union's data agency Eurostat said unemployment rose to 12 percent in the eurozone in February. Exxon Mobile, meanwhile, shut down a pipeline that runs from the Midwest to the U.S. Gulf Coast due to a leak.

On the New York Mercantile Exchange, West Texas Intermediate crude oil for May delivery shed 7 cents to $96.95 per barrel.

Gasoline prices gave up 5.75 cents to $3.05 per gallon. Home heating oil added 0.99 cents to $3.08 a gallon.

Natural gas dropped 5.9 cents to reach $3.968 per million British thermal units.

At the pump, the average price of a gallon of regular unleaded gasoline was $3.637 Tuesday, up from Monday's $3.634, the AAA Fuel Gauge Report said.

Topics: Exxon Mobile
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