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Crude Oil And Natural Gas Surge |
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1:18 PM EDT October 25 2005 |
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Crude oil prices jumped back to over $61 a barrel ahead of winter season and oil inventory report later in the week. Light sweet crude December contract rose 83 cents to $61.15 a barrel on the Nymex. Heating oil rose 5 cents to $1.85 a gallon. Gasoline gained nearly 2 cents to $1.5985. Natural gas climbed over 6%, or 77 cents to $13.80 per 1,000 cubic feet. |
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