Crude oil prices climbed past $102 Wednesday on the New York Mercantile Exchange, given a boost by an upswing in equity markets.
After a five-day slump on Wall Street, equities swung higher. Oil, which followed equities on the way down, turned higher Wednesday, as well.
West Texas Intermediate crude oil for May delivery added $1.62 to $102.60.
Home heating oil prices shed 0.11 cents to $3.1138 per gallon. Reformulated blendstock gasoline gave up 0.34 cents to $3.2921 per gallon.
Natural gas prices lost 0.1 cents to $1.974 per million British thermal units.
At the pump, the national average price of unleaded gasoline dropped a half a cent, falling to $3.915 per gallon from Tuesday's $3.922, AAA said.
Most Popular Stories
- SEO Traffic Lab Celebrate Wins at Digital Marketing Event 'Internet World 2013' in London
- Social Media Initiatives Should Follow Customers' Lead
- Apple CEO: Offshore Units Not a 'Tax Gimmick'
- U.S. Senate Accuses Apple of Large-scale Tax Avoidance
- UTEP Water Recycling Project Wins Venture Titles
- Marketo Makes a Mint in IPO: Stock Shoots Up More than 50 Percent
- Bieber Booed at Billboard Awards
- Crude Oil Up, Gasoline Down
- Austin Startup Compare Metrics Raises $3.5 Million for Expansion
- Why So Many Top 'Car Guys' Are Actually Women