Tuesday, June 18, 2013
FAIRFIELD-SUISUN, CALIFORNIA
99 CENTS

Oil little changed, investors weigh global economy

By
From page B6 | January 19, 2013 | Leave Comment

NEW YORK (AP) — The price of oil remained at a four-month high Friday after new data showed China’s economy rebounded and a global demand forecast rose.

Benchmark oil for February delivery rose 7 cents to finish at $95.56 per barrel on the New York Mercantile Exchange, the highest since Sept. 17, when crude was above $96 a barrel.

Prices have remained steady at the pump, however, with the average price for a gallon of regular drifting down from $3.31 a week ago to $3.29 on Friday. That’s right about where it started the year.

The Associated Press

The Associated Press

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