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Crude oil hovers above $103

Oct. 8, 2013 at 3:54 PM   |   Comments

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NEW YORK, Oct. 8 (UPI) -- Crude oil prices held above $103 per barrel Tuesday, with the dollar mixed in Asia and Europe and equities split.

Stock markets were higher in Asia and lower in Europe as the U.S. government shutdown entered its second week.

On Wall Street, stocks fell early and remained in negative territory through the day.

The price of West Texas Intermediate sweet, light crude oil added 49 cents or 0.48 percent, to $103.52 per barrel on the New York Mercantile Exchange.

Reformulated blendstock gasoline prices added 0.59 cents to $2.632 per gallon. Home heating oil gained 2.19 cents to $3.0312 per gallon. Natural gas added 9 cents to reach $3.71 per million British thermal units.

At the pump, the national average price of unleaded gasoline rose to $3.349 per gallon from Monday's $3.346, AAA's Daily 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.
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