News Column

Crude Oil Up, Gasoline Down

May 21, 2013

Crude oil prices topped $96 in New York Tuesday morning with prices buoyed by a prolonged rally in equities.

On the New York Mercantile Exchange, West Texas Intermediate crude oil added 43 cents to $96.13 per barrel.

Gasoline prices dropped 1.98 cents to $2.877 a gallon. Home heating oil added 1.47 cents to $2.9406 a gallon. Natural gas lost 0.9 cents to reach $4.119 per million British thermal units.

At the pump, the average price of a gallon of regular unleaded gasoline was $3.654 Tuesday, up from Monday's $3.653, the AAA Fuel Gauge Report said.

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Source: Copyright UPI 2013

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