U.S. crude oil prices rebound

June 4, 2009 at 5:33 PM
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NEW YORK, June 4 (UPI) -- Crude oil prices rebounded, climbing close to $69 per barrel on the New York Mercantile Exchange Thursday.

A run-up in crude oil prices stalled Wednesday. But prices rose again Thursday in spite of economic uncertainties and dropping U.S. demand.

Crude oil prices gained $2.79 to $68.89 per barrel. Heating oil prices gained 0.0486 cents to $1.7886 per gallon. Reformulated blendstock gasoline rose 0.0725 cents to $1.97 per gallon. Natural gas prices rose 0.066 cents to $3.838 per million British thermal units.

At the pump, the average price for a gallon of regular unleaded gasoline was $2.572 Thursday, up from Wednesday's $2.548 a gallon, AAA said.

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