

NEW YORK, Sept. 27 (UPI) -- West Texas Intermediate crude oil prices swung lower Friday morning on the New York Mercantile Exchange, dropping under $103 per barrel.
With easing tensions in the Middle East, supply side worries have faded. Crude oil, above $110 per barrel in early September, has returned to prices unseen since early July.
Oil shed 25 cents to reach $102.78 per barrel. Reformulated blendstock gasoline prices dropped 0.68 cents to $2.6982 per gallon. Home heating oil gave up 0.92 cents to $2.9945 per gallon. Natural gas added 1 cent to reach $3.50 per million British thermal units.
At the pump, the national average price of unleaded gasoline fell to $3.422 per gallon Friday from Thursday's $3.434, AAA's Daily Fuel Gauge Report said.
|
|
|
|
|
|
| Additional Business News Stories | |
VICTORIA, British Columbia, Oct. 4 (UPI) --
The government of British Columbia said it will launch a study to determine emissions in Kitimat, the hub of the province's proposed liquefied natural sector.
|
BRASILIA, Brazil, Oct. 5 (UPI) --
Bradar, a company controlled by Embraer Defense & Security, is to map areas in Brazil subject to natural disasters and monitor environmental preservation areas.
|
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