facebook
twitter
search
search

Crude oil prices slip Monday

Jan. 6, 2014 at 4:41 PM

NEW YORK, Jan. 6 (UPI) -- Crude oil prices settled under $94 a barrel on the New York Mercantile Exchange Monday after an early rally petered out.

What looked to be the end of a four-day slide, turned into a five-day slump as West Texas Intermediate oil shed 22 cents to reach $93.74 per barrel with temperatures rising in the critical Northeast corridor, a large market hit hard by a winter storm at the tail end of the previous week.

Gasoline prices added 1.07 cents to $2.6595 a gallon.

Home heating oil gained 2.56 cents to hit $2.955.

Natural gas was even on the day at $4.30 per million British thermal units.

The national average price of unleaded regular gasoline was unchanged, holding at $3.317, the AAA Daily Fuel Gauge Report said.

A week ago, the national average price of gasoline was $3.312 per gallon. A year earlier, the price stood at $3.299.

Like Us on Facebook for more stories from UPI.com  
Latest Headlines
Top Stories
Compact cannon for British armored vehicles
Volvo unveils new child seat concept
New Zealand military receives medium heavy military trucks
BBC to lay off 1,000 people to make up for $234M in lost revenue
U.S. proposes tighter pipeline spill rules