Crude oil prices headed toward $106 per barrel in New York despite an announcement from Egypt that political tension there is not a threat to supply lines.
Interim Egyptian Prime Minister Hazem el-Beblawi said the Suez Canal would remain open, enabling oil supplies to pass through, and that next week he would name a new Cabinet, CNN reported.
West Texas Intermediate crude oil gained 72 cents to $105.63 per barrel.
Reformulated blendstock gasoline added 4.27 cents to $3.0641 per gallon. Home heating oil gained 1.1 cents to reach $3.006 per gallon.
Natural gas added 2.2 cents to $3.635 per million British thermal units.
At the pump, the average price for a gallon of unleaded regular gasoline was $3.55, up from Thursday's $3.518, the AAA Fuel Gauge report said.
Most Popular Stories
- Twitter Coming to Phones Without Internet
- Twitter Names Woman to Board
- Rand Paul Signs up for Obamacare
- Thalia Gets Star on Hollywood Walk of Fame
- How to Arm Yourself Against CryptoLocker Virus
- Obamacare Doing Just Fine, Ky. Governor Says
- Warner Bros. Unleashes 'Hobbit: Desolation of Smaug' Merchandise
- World Cup Draws: Coaches, Players Offer Insights
- Texas Chiller Moves East
- Hispanic Employment Improves in November