Crude oil prices rise Wednesday
May 20, 2009 (United Press International) -- Crude oil prices pushed above $61 per barrel on the New York Mercantile Exchange Wednesday, riding along with a wave of rising stock prices.
Although demand is predicted to fall in 2009, gains in stock markets have given oil prices a boost recently.
Crude oil gained $1.58 cents to $61.68 per barrel. Heating oil prices rose 0.0474 cents to $1.5359 per gallon. Reformulated blendstock gasoline fell 0.0163 cents to $1.8062 per gallon. Natural gas prices gained 0.052 cents to $3.99 per million British thermal units.
At the pump, the average price for a gallon of regular unleaded gasoline was $2.334 Wednesday, up from Tuesday's $2.314 a gallon, AAA said.
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