Crude oil prices hold steady

Thursday, May 12, 2011 10:01 PM By dwi

NEW YORK, May 12 (UPI) -- Crude lubricator prices held steady in New royalty Thursday, sinking under $99 per containerful after the Energy Information Administration said inventories grew last week.

The EIA said U.S. stockpiles of crude lubricator rose by 3.8 meg barrels to 370.3 meg last week.

On the New royalty Mercantile Exchange, June delivery West Texas Intermediate crude lubricator lost 24 cents to accomplish $98.89 per barrel. Home vaporisation lubricator additional 0.24 cents to $2.9161 per gallon. Reformulated blendstock fuel prices shed 0.29 cents to $3.061 per gallon.

Natural pedal prices lost 0.1 coin to $4.193 per meg British thermal units.

At the retail level, unleaded fuel prices moved higher with the domestic cipher price reaching within 1.6 cents of $4 per gallon.

Prices at the pump averaged $3.984 per gallon, up from Wednesday's $3.962, AAA said.


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