NEW YORK, Jan. 6 (UPI) -- Crude oil prices settled under $94 a barrel on the New York Mercantile Exchange Monday after an early rally petered out.
What looked to be the end of a four-day slide, turned into a five-day slump as West Texas Intermediate oil shed 22 cents to reach $93.74 per barrel with temperatures rising in the critical Northeast corridor, a large market hit hard by a winter storm at the tail end of the previous week.
Gasoline prices added 1.07 cents to $2.6595 a gallon.
Home heating oil gained 2.56 cents to hit $2.955.
Natural gas was even on the day at $4.30 per million British thermal units.
The national average price of unleaded regular gasoline was unchanged, holding at $3.317, the AAA Daily Fuel Gauge Report said.
A week ago, the national average price of gasoline was $3.312 per gallon. A year earlier, the price stood at $3.299.