Arab Today, arab today crude oil rebounds slightly
Last Updated : GMT 05:12:11
Arab Today, arab today
Arab Today, arab today

Crude oil rebounds slightly

Arab Today, arab today

Arab Today, arab today Crude oil rebounds slightly

New York - UPI

Crude oil prices topped $93 a barrel on the New York Mercantile Exchange Thursday despite the week\'s gain in U.S. stockpiles. Total supplies reached 381.6 million barrels after eight consecutive weeks of inventory increases, the Energy Information Administration said. With supplies at a 22-year high, the price of crude fell under $93 Wednesday before rebounding slightly. Thursday morning in New York, West Texas Intermediate crude oil for June delivery added 31 cents to $93.12 per barrel. Natural gas for June delivery shed 0.4 cents to hit $2.578 per million British thermal units. Home heating oil was down 0.91 cents to $2.8885 per gallon. Gasoline lost 0.36 cents to reach $2.9173 per gallon. At the pump, the national average price of unleaded gasoline fell Thursday from $3.728 per gallon to $3.722, AAA said.

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