Crude Oil Higher Prices, Natural Gas Flat
Posted on: Wednesday, 5 April 2006, 18:00 CDT
News of declining U.S. petroleum supplies lifted energy prices Wednesday, with prices for crude oil topping $67 a barrel, on the New York Mercantile Exchange.
High-quality crude oil for May delivery rose 24 cents a barrel Wednesday. As it climbed to $67.07 per barrel it pulled gasoline up a nickel to $1.9471 and heating oil fractionally higher to $1.8688 per gallon.
Natural gas was largely unchanged at $7.07 per million Btu.
The Energy Department said that last week's decline in petroleum left inventories at safe levels.
Source: United Press International
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