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UPI: Crude oil hovers near $106
 
NEW YORK, May 2 (UPI) -- The price of crude oil held near $106 per barrel overnight, as traders waited for Wednesday's stockpile report from Washington.

On the New York Mercantile Exchange, West Texas Intermediate crude oil for June delivery peaked at $106.05 per barrel Tuesday, then slid back to $105.77 Wednesday morning.

Natural gas shed 2.1 cents to $2.35 per million British thermal units.

Home heating oil was off 0.89 cents to $3.1682 per gallon.

Reformulated blendstock gasoline lost 0.34 cents to $3.0937 per gallon.

At the pump, the national average price of unleaded gasoline dropped to $3.803 per gallon from Tuesday's $3.809, AAA said.



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