logo


Crude Oil Prices Jump Friday
Friday, May 29, 2009 10:58 AM


(Source: United Press International)trackingCrude oil prices jumped overnight on the New York Mercantile Exchange Friday, a day after OPEC left production quotas unchanged.

Crude oil prices have climbed more than $10 per barrel in the past month. This week, the Organization of Petroleum Exporting Countries said it was "pleased" with the results of the 4.2 million barrel per day production cut it enacted in September.

Crude oil prices gained 94 cents to $66.02 per barrel Friday. Heating oil prices gained 0.0299 cents to $1.6313 per gallon. Reformulated blendstock gasoline rose 0.0185 cents to $1.929 per gallon. Natural gas prices rose 0.109 cents to $4.066 per million British thermal units.

At the pump, the average price for a gallon of regular unleaded gasoline was $2.467 Friday, up from Thursday's $2.449 a gallon, AAA said.

A service of YellowBrix, Inc.



(0)
No Comments
Post Comment
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
   
 
 
 
 
   
 

  
Related Press Releases
Advertisement
Popular Articles
Special Offers
Partner Center
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia