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Chief Gray
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 Posted: Tue 8:40, 29 Oct 2013 Post subject: down from $3.636 Thursday |
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WTI crude pressured by high supplies
NEW YORK,[url=http://www.guccioutletonlinen.com/]gucci outlet online[/url], April 5 () -- Crude oil prices closed near $93 per barrel Friday on the New York Mercantile Exchange,[url=http://www.michaelkorscouponso.com/]michael kors coupon[/url], with traders adjusting positions due to high domestic supplies.The U.S. Energy Information Administration reported Wednesday crude oil supplies are at the highest level since July 1990. With winter weather waning, the high supplies have put downward pressure on prices.West Texas Intermediate crude oil for May delivery shed 26 cents Friday to $93.10 per barrel, pushing the weekly drop to nearly $4. On Monday, WTI was priced at $97.02 per barrel.Gasoline prices shed 0.47 cents to reach $2.8945 a gallon.Home heating oil hit $2.94 a gallon, down 2.93 cents.Natural gas gained 19 cents to $4.137 per million British thermal units.At the pump, the average price of a gallon of regular unleaded gasoline was $3.625 Friday,[url=http://www.fitflopssalee.com/]fitflops sale[/url], down from $3.636 Thursday,[url=http://www.jimmychoosaler.co.uk/]jimmy choo sale[/url], the AAA Fuel Gauge Report said.
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