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Crude oil climbs above $98 per barrel

Prices are advertised at a BP and Shell gasoline station in Chicago on July 15, 2009. (UPI Photo/Brian Kersey)
Prices are advertised at a BP and Shell gasoline station in Chicago on July 15, 2009. (UPI Photo/Brian Kersey) | License Photo

NEW YORK, Dec. 10 (UPI) -- Crude oil prices topped $98 per barrel Tuesday morning as traders anticipate a draw in U.S. inventories this week.

On the New York Mercantile Exchange, West Texas Intermediate crude added $1.14 to $98.48 per barrel.

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Reformulated gasoline blendstock for January gained 2.5 cents to $2.6999 a gallon.

January heating oil gained 3.08 cents to reach $3.0451 a gallon while natural gas added 6 cents to reach $4.28 per million British thermal units.

The national average price of unleaded regular gasoline dropped slightly to $3.259 a gallon from Monday's $3.263 a gallon, the AAA Daily Fuel Gauge Report said.

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