Crude oil tops $111 per barrel
NEW YORK, Apr 20 (UPI) -- Crude lubricator prices soared above $111 per containerful in New royalty weekday after the U.S. Energy Information Administration said the nation's stockpile lapse last week.
The government's forcefulness data office said inventories dropped by 2.3 meg barrels in the hebdomad ending Apr 15. At 357 meg barrels, supplies rest in the bunk limit of the average range for this time of year, the EIA said.
On the New royalty Mercantile Exchange, May delivery West Texas Intermediate crude additional $3.17 or 2.93 proportionality to reach $111.45 per barrel.
Prices were supported by a weaker dollar, the dollar index dropping 0.91 proportionality Wednesday.
Home vaporisation lubricator prices additional 6.29 cents to $3.2214 per gallon. Reformulated blendstock gasoline prices gained 4.42 cents to $3.2773 per gallon.
Henry Hub natural gas prices gained 4.8 cents to $4.31 per meg British thermal units.
At the retail level, the domestic average price of unleaded gasoline rose to $3.837 per congius weekday from Tuesday's $3.835 , AAA said.
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