Crude Oil Prices Rise Sharply Wednesday
Posted on: Wednesday, 13 August 2008, 18:00 CDT
Crude oil prices rose after the U.S. Energy Information Administration said U.S. gasoline stocks had fallen by 6.4 million barrels last week.
Crude oil stocks also fell, down 0.4 million barrels on the week ending Aug. 8, the EIA said.
On the New York Mercantile Exchange, oil prices rose sharply, up $3.42 to $116.42 per barrel. Heating oil prices rose 0.0593 cents to $3.141 per gallon. Reformulated blendstock gasoline prices rose 0.0705 cents to $2.943 per gallon. Natural gas prices rose 0.16 cents to $8.51 per million British thermal units.
The national average retail price of unleaded regular gasoline fell 0.012 cents to $3.787 per gallon, the AAA Daily Fuel Gauge Report said.
Source: United Press International
Related Articles
- Are Speculators Driving Up the Price of Oil?
- Gasoline Prices Up 20 Cents, Increases Don't Seem to Be Slowing Travel, AAA Official Says
- Melville, N.Y.-Area Gas Prices Jump 6 Cents a Gallon
- Gas Up and Go: Local Prices Fall 90 Cents a Gallon
- State Gas Prices Down 35 Cents Since Peak
- Average Canadian Gasoline Price Jumps 22 Cents to Record $1.26 Per Litre
- Victoria, Texas, Gas Prices Drop By 8 Cents a Gallon in 2-Week Span
- Gas prices rise nearly 8 cents a gallon-Lundberg
- Glitch Puts Gas Price at 19 Cents a Gallon
- U.S. Gasoline Prices Up Another 3 Cents
 |
 |
User Comments (0)
RSS Feeds