Arab Today, arab today crude oil tops 93
Last Updated : GMT 05:24:48
Arab Today, arab today
Arab Today, arab today

Crude oil tops $93

Arab Today, arab today

Arab Today, arab today Crude oil tops $93

Washington - UPI

The price of crude oil Wednesday climbed above $93 per barrel in New York with uncertainty hanging over the eurozone. Lawmakers in Cyprus have rejected a proposal to tax bank deposits to assist in a bailout for the country\'s troubled banks. That has slowed a run toward the U.S. dollar, but also put a $13 billion bailout package in jeopardy. Traders anticipate the U.S. Federal Reserve will continue its accommodating monetary policy with an announcement expected Wednesday afternoon. On the New York Mercantile Exchange, West Texas Intermediate crude oil added 84 cents to reach $93.247 per barrel. Gasoline added 3.86 cents to $3.0925 per gallon. Home heating oil gained 10.39 cents to reach $2.9907 a gallon. Natural gas held steady at $3.955 per million British thermal units. At the pump, a gallon of regular unleaded gasoline was $3.697 Wednesday, up from Tuesday\'s $3.692, the AAA Fuel Gauge Report said.

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