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Energy Commodities Up in Early Trading

Posted on: Tuesday, 8 January 2008, 09:01 CST

The four major energy commodities posted gains as trading began Tuesday on the New York Mercantile Exchange with oil at about $97 a barrel.

Crude oil was up $1.72, trading at $96.81. At $2.6386 a gallon, heating oil was up 0.0451 cents.

Gasoline gained 0.0416 cents, trading at $2.4714 per gallon at midmorning. Natural gas was at $7/910, a 0.031-cent increase.

At the pump, the average cost of a gallon of unleaded gasoline was $3.105 Tuesday, down slightly from $3.106 Monday, the AAA Daily Fuel Gauge Report said.


Source: United Press International

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