Crude Prices Finish Under $135

Crude Prices Finish Under $135

Oil prices pulled back after OPEC questioned whether crude can remain so high through the rest of the year and the dollar gained against the euro.

Light, sweet crude for July delivery sank $1.88 to settle at $134.86 on the New York Mercantile Exchange.

At the gas pump, the average national price for a gallon of regular rose to a record $4.066 overnight, from $4.06 a day earlier, according to AAA and the Oil Price Information Service. Diesel also set a new record, rising 0.2 cent to $4.796 a gallon.

Gasoline futures settled at $3.4626, down by 6.34 cents on the Nymex. July heating oil futures slipped by 10.59 cents to settle at $3.8368 a gallon, and July natural gas futures fell 17.3 cents to settle at $12.625 per 1,000 cubic feet.

Share this post