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Oil prices ease back, but remain pressured

Egyptian demonstrators protest in Cairo's main square during the biggest anti-government protests in three decades in a bid to topple the government President Hosni Mubarak in Cairo, Egypt on January 31, 2011. UPI
Egyptian demonstrators protest in Cairo's main square during the biggest anti-government protests in three decades in a bid to topple the government President Hosni Mubarak in Cairo, Egypt on January 31, 2011. UPI | License Photo

NEW YORK, Feb. 1 (UPI) -- Crude oil prices eased back under $91 per barrel Tuesday, but remained pressured by chaos in Egypt.

March delivery light, sweet crude oil dropped $1.71 on the New York Mercantile Exchange to $90.48 per barrel. Home heating oil prices added 1.97cents to $2.76 per gallon. Reformulated blendstock gasoline prices gained 1.39 cents to $2.514 per gallon.

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Henry Hub natural gas prices shed 7.5 cents to $4.345 per million British thermal units.

At the pump, the national average price of unleaded gasoline rose slightly Tuesday to $3.101 per gallon from Monday's $3.099, AAA said.

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