Crude Prices Oil Drop Slightly Wednesday
April 9, 2008
Crude oil prices dropped overnight on the New York Mercantile Exchange on concerns demand will fall as spring weather approaches.
Crude prices dropped 40 cents, settling Wednesday morning at $108.10 per barrel. The price of heating oil fell 0.006 cents to $3.1042 per gallon. The price of reformulated blendstock gasoline fell 0.0025 cents to $2.7471 per gallon. Natural gas prices rose 0.131 cents to $9.828 per million British thermal units.
At the pump, the average price for a gallon of unleaded gasoline in the United States reached to $3.343 per gallon Wednesday from Tuesday’s $3.331 per gallon, AAA said.