Crude oil climbs toward $107 per barrel

Thursday, March 31, 2011 6:01 PM By dwi

NEW YORK, March 31 (UPI) -- A weaker note and continued uncertainty in the Middle East pushed lubricator prices toward $107 per containerful Thursday.

The note finger dropped 0.11 percent with the euro based by suggestions the European Central Banks would raise welfare rates to slow inflation.

On the New royalty Mercantile Exchange, the price of West Texas Intermediate vulgar lubricator for May conveying additional $2.51 to accomplish $106.79 per barrel.

The price of home vaporisation lubricator additional 5.08 cents to $3.1042 per gallon. Reformulated blendstock fuel prices gained 5.2 cents to $3.1093 per gallon.

Henry Hub natural gas prices rose 4.9 cents to $4.404 per million nation energy units.

At the retail level, the domestic average price of nonleaded fuel for motorists rose to $3.606 per congius weekday from Wednesday's $3.595, AAA said.

Prices at the pump have gained 9.6 cents in the time week, 23.1 cents in the time period and 80.8 cents in the time year. That means more than a quarter of the price speed for the time assemblage at the pump has occurred in the time 30 days.


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