Crude oil prices up
November 26th, 2008 - Posted in Energy PricesNEW YORK, Nov. 26 (UPI) — Crude oil prices rose modestly Wednesday on the New York Mercantile Exchange, gaining 39 cents to $51.16 per barrel.
Crude prices have dropped since Monday’s spike to move than $54 per barrel, which came after the U.S. government decided to bail out Citigroup Inc. (NYSE:C)
On Wednesday, heating oil prices rose 0.0258 cents to $1.7246 per gallon. Reformulated blendstock gasoline rose 0.0171 cents to $1.112 per gallon. Natural gas prices fell 0.003 cents to $6.383 per million British thermal units.
At the pump, the average price for a gallon of regular unleaded gasoline fell 0.017 cents from Tuesday’s figure to $1.868 Wednesday, AAA said.
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