facebook
twitter
rss
account
search
search
 

Crude oil prices remain elevated

July 9, 2013 at 4:18 PM   |   Comments

| License Photo
NEW YORK, July 9 (UPI) -- Crude oil prices closed in on $104 per barrel in New York, remaining elevated as geopolitical tension in Egypt has triggered concern over supply lines.

Egypt's interim President Adli Mansour released a proposed timeline for new elections, but not all political groups warmed to the proposal immediately, The Financial Times reported.

In New York, West Texas Intermediate crude added 85 cents to reach $103.99 per barrel.

Reformulated blendstock gasoline gained 4.66 cents to $2.9847 per gallon. Home heating oil added 0.46 cents to reach $2.9847 per gallon.

Natural gas dropped 7.8 cents to $3.663 per million British thermal units.

At the pump, the average price for a gallon of unleaded regular gasoline was $3.483, up from Monday's $3.474, the AAA 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.
Most Popular
1
Apple sells 10 million new iPhones during the first weekend Apple sells 10 million new iPhones during the first weekend
2
Starbucks testing a latte that tastes like beer Starbucks testing a latte that tastes like beer
3
Iraq relying on oil wealth from Basra Iraq relying on oil wealth from Basra
4
Arctic oil bound for Europe, Gazprom Neft says Arctic oil bound for Europe, Gazprom Neft says
5
EU confirms schedule for trilateral gas talks EU confirms schedule for trilateral gas talks
Trending News
Video
x
Feedback