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Aug. 13, 2013 / 4:36 PM

Crude oil moves higher

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NEW YORK, Aug. 13 (UPI) -- Crude oil for September delivery moved to more than $106 per barrel in New York Tuesday as strikes resumed in Libya.

Voice of America reported Libya's production has been cut in half by the walkouts.

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In the latest development, resuming strikes curtailed operations at two major oil-handling ports, Es Sider and Ras Lanuf, after a brief hiatus, VOA said.

The ports have a daily capacity of handling 600,000 barrels per day.

On the New York Mercantile Exchange, West Texas Intermediate crude added 42 cents to $106.53 per barrel. Reformulated blendstock gasoline gained 4.28 cents to reach $2.9469 per gallon. Home heating oil added 2.1 cents to reach $3.0419 per gallon.

Natural gas added 0.6 cents to $3.316 per million British thermal units.

At the pump, the national average price for a gallon of unleaded regular gasoline was $3.542, down from Monday's $3.549, the AAA Fuel Gauge report said.

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