Oil steady near $109 per barrel

Thursday, April 7, 2011 9:01 AM By dwi

NEW YORK, Apr 7 (UPI) -- Crude lubricator prices held stabilize nearby $109 per barrel in New royalty after the Energy Information Administration said stockpiles of crude chromatic in the latest week.

Inventories chromatic for the 10th hebdomad out of the time 11, rise by 2 meg barrels in the hebdomad success Apr 1.

The stabilize listing rise stands in contrast to concerns of modify supplies as a result of conflicts in the Middle East.

On the New royalty Mercantile Exchange, crude lubricator for May conveying added 21 cents to $109.04 per barrel. Home heating lubricator prices forfeited 0.29 cents to $3.1883 per gallon. Reformulated blendstock fuel prices shed 0.91 cents to $3.1838 per gallon. Henry Hub natural pedal prices forfeited 0.1 cents to $4.145 per meg nation energy units.

At the pump, the domestic cipher price of nonleaded fuel chromatic to $3.725 per congius from Wednesday's $3.707, AAA said.


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