Crude oil prices headed higher in early trading Monday on the New York Mercantile Exchange, then reversed course and slipped back under $89 per barrel.
In New York, West Texas Intermediate crude oil closed in on $90 per barrel in early going, but ended the session just a penny ahead at $88.92 a barrel. Home heating oil shed 0.45 cents to reach $3.0562 a gallon, while reformulated blendstock gasoline lost 0.47 cents to $2.7255 a gallon. Henry Hub natural gas shed 1 cent in late trading to $3.59 per million British thermal units.
At the pump, AAA reported a national average price for regular unleaded gasoline at $3.387 per gallon, down from Sunday's $3.391.
Most Popular Stories
- American Airlines, US Airways Complete Merger
- ACA Delay Stresses Small Businesses
- Questions Remain in Jenni Rivera's Death
- Unemployed Wait as Lawmakers Debate
- Harley Issues Motorcycle Recall
- General Dynamics Plans 200 New Jobs in N.M.
- Auto Dealer Builds Big Solar Project
- Entrepreneurs' Next Creation May Be New Laws
- Saab Gets Back into the Game; U.S. Auto Sales Soar
- Dell Offers Undisclosed Number of Employee Buyouts