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Oil Prices Slightly Advance |
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7:36 AM ET October 03 2005 |
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Oil prices slightly advanced on expectations of higher heating oil demand with the approaching winter season for the Northern Hemisphere, and growing concerns over the oil production recovery. Light sweet crude for November delivery rose 4 cents to $66.28 a barrel on the Nymex in electronic Asian trading. Heating oil October contract traded at $2.126 a gallon. Gasoline added 2 cents to $2.1155 a gallon. London Brent gained 15 cents lower at $64.63. |
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