News Column

Light Crude Slides Slightly

Nov. 26, 2012

Crude oil prices slipped under $88 a barrel during the weekend on the New York Mercantile Exchange.

Light crude oil gave up 61 cents to $87.67 a barrel as traders kept an eye on developments in the Middle East.

Home heating oil was off 1.39 cents to $3.0721 a gallon while reformulated blendstock gasoline gave up 1.31 cents to $2.7073 a gallon. Henry Hub natural gas was off 1.42 cents to $3.892 per million British thermal units.

At the pump, AAA reported regular unleaded gasoline selling for $3.423 per gallon, down from Sunday's $3.426.



Source: Copyright United Press International 2012


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