Arab Today, arab today us crude oil heads higher
Last Updated : GMT 21:50:13
Arab Today, arab today
Arab Today, arab today

US crude oil heads higher

Arab Today, arab today

Arab Today, arab today US crude oil heads higher

New York - UPI

The price of crude oil added 43 cents to $92.88 Friday in New York but general optimism was held in check by uncertainty in Europe. On the New York Mercantile Exchange, gasoline shed 0.12 cents to $3.0538 per gallon. Home heating oil added 0.56 cents to reach $2.9806 a gallon. Natural gas gained 3.9 cents to reach $3.973 per million British thermal units. At the pump, a gallon of regular unleaded gasoline was $3.686 Friday, down from Thursday\'s $3.691, the AAA Fuel Gauge Report said. European financial leaders are focused on a bailout plan for Cyprus that includes the country doing its part to secure a $13 billion loan from the European Stability Mechanism. The European Central Bank gave the island nation until Monday to come up with a new plan to raise $7.5 billion to secure the loan which is needed to help the county\'s banks stay in business.

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