NEW YORK, Aug. 14 (UPI) -- Crude oil for September delivery hovered at more than $106 per barrel in New York Wednesday after equity markets arrested a slide Tuesday.
Equity markets, which have floundered for a week, made modest gains Tuesday.
On Wednesday on the New York Mercantile Exchange, West Texas Intermediate crude reached a peak of $106.83, before settling down to $106.25 per barrel. Reformulated blendstock gasoline gave up 2.09 cents to reach $2.9316 per gallon. Home heating oil lost 2.38 cents to reach $3.0333 per gallon.
Natural gas added 3 cents to $3.315 per million British thermal units.
At the pump, the national average price for a gallon of unleaded regular gasoline was $3.539 down from Tuesday's $3.542, the AAA Fuel Gauge report said.
