Crude oil closes at $102.59 a barrel on NYMEX

Feb. 28, 2014 at 4:06 PM

NEW YORK, Feb. 28 (UPI) -- Crude oil prices in New York closed at $102.59 a barrel Friday, settling up on the New York Mercantile Exchange despite disappointing economic news.

Among the negative economic report -- durable goods orders fell 1.5 percent from December to January and the Labor Department reported a significant rise of 14,000 first-time claims for unemployment benefits.

Natural gas picked up a dime, settling at $4.61 per million British thermal units.

The price for a gallon of gasoline picked up 3 cents to hit $2.79.

Heating oil prices added less than a penny to settle at $3.09 per gallon.

At the pump, the national average price for a gallon of unleaded rose from Thursday's $3.436 per gallon to $3.448, the AAA Daily Fuel Gauge Report said.

Like Us on Facebook for more stories from UPI.com  
Latest Headlines
Top Stories
Google apologizes for photo app that tagged black couple as 'gorillas'
E-2D aerial refueling capability passes CDR
Norway: New reserves found in North Sea
Shell to tap new Gulf of Mexico oil
Canada awards license for LNG exports to Asia