Crude oil holds near $112

Tuesday, April 26, 2011 4:01 PM By dwi

NEW YORK, Apr 26 (UPI) -- Crude lubricator prices held near to $112 per containerful in New royalty Tuesday after author Motor Co. said it made a $2.6 1000000000 profit in the prototypal quarter.

The automaker's financial inform is unlikely to change the lubricator market in the brief term, but author has shifted its pore to include smaller, more fuel-efficient cars, The New royalty Times reported. If author proves making small cars can be profitable, it could accelerate an business agitate toward producing more frugalness cars that ingest less pedal than restorative trucks and climb utility vehicles.

On the New royalty Mercantile Exchange, June conveying West Texas Intermediate vulgar lubricator peaked long at $112.64 per barrel, but recently effected downbound to $111.82. Home heating lubricator prices lost 0.7 coin to accomplish $3.2041 per gallon. Reformulated blendstock gasoline prices gained 2.59 cents to $3.3488 per gallon.

Henry Hub natural pedal prices added 0.1 coin to accomplish $4.388 per million British thermal units.

At the retail level, the national average price of unleaded gasoline at the viscus rose to $3.869 per congius from Monday's $3.863, AAA said.


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