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Crude oil hovers near $105

NEW YORK, May 2 (UPI) -- The price of crude oil in New York held near $105 per barrel, as unemployment in the eurozone rose to 10.9 percent, a record for the currency region.

On the New York Mercantile Exchange, West Texas Intermediate crude oil for June delivery peaked at $105.42 per barrel before settling slightly lower at $105.36.

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Natural gas added 0.2 cents to $2.55 per million British thermal units.

Home heating oil gained 0.47 cents to $3.1472 per gallon.

Reformulated blendstock gasoline rose by 0.83 cents to $3.084 per gallon.

At the pump, the national average price of unleaded gasoline dropped to $3.803 per gallon from Tuesday's $3.809, AAA said.

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