Gasoline futures highest since 2008

AP News
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Posted: Apr 26, 2011 3:37 PM
Gasoline futures highest since 2008

Gasoline futures on Tuesday traded at the highest level since July 2008 after three Texas refineries were idled following a power outage.

Here's how energy contracts traded on Tuesday.

On the New York Mercantile Exchange:

_Benchmark crude lost 7 cents to settle at $112.21 per barrel.

_Heating oil gained 2.84 cents to settle at $3.2273 per gallon.

_Gasoline futures gained 2.87 cents to settle at $3.3072 per gallon.

_Natural gas lost less than a penny to settle at $4.387 per 1,000 cubic feet.

On the ICE Futures exchange:

_Brent crude added 48 cents to settle at $124.14 per barrel.