Oil prices rebound Wednesday

Wednesday, April 13, 2011 7:01 PM By dwi

NEW YORK, Apr 13 (UPI) -- Crude lubricator prices rebounded Wednesday, climbing above $107 per containerful after two life of losses on the New York Mercantile Exchange.

May conveying West Texas Intermediate vulgar lubricator additional $1.22 to $107.47 per containerful despite a rise in U.S. vulgar lubricator stockpiles.

The Energy Information Administration said stockpiles of vulgar rose by 1.6 meg barrels to 359.3 meg barrels in the week success Apr 8. Gasoline stockpiles lapse by 7 meg barrels to 209.7 meg barrels and are near the modify bounds of the cipher arrange for this instance of year, the EIA said.

Home vaporisation lubricator prices additional 1.58 cents to $3.2186 per gallon. Reformulated blendstock fuel prices gained 0.86 cents to $3.251 per gallon.

Henry Hub uncolored pedal prices forfeited 0.1 cents to $4.14 per meg British thermal units.

At the pump, the domestic cipher toll for unleaded fuel topped $3.80 per gallon, reaching $3.808, up from Tuesday's $3.791, AAA said.


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