U.S. crude oil prices, which rose more than $4 Wednesday, climbed another 40 cents in early electronic trading Thursday to $94.79 a barrel.

The rally was fueled by a government report that said U.S. crude supplies dropped for a fourth consecutive week.

Heating oil was up 2.51 cents to $2.6683 a gallon. Reformulated gas showed a 0.31 cents increase at $2.4165 a gallon.

Natural gas was up 0.02 cents at $7.42 per million British thermal units.

The price at the pump for an average U.S. gallon of regular unleaded gasoline was $2.985, down a fraction from Wednesday, the AAA said.  // Copyright 2007 by United Press International



Publication date: 13 December 2007   

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