Natural gas price rebounds from 10-year low

AP News
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Posted: Jan 24, 2012 3:28 PM
Natural gas price rebounds from 10-year low

Natural gas prices rebounded from 10-year lows as producers cut back and colder weather forces homeowners to turn up the heat. Crude oil prices were lower. Here's how energy contracts traded Tuesday.

On the New York Mercantile Exchange:

Crude fell by 63 cents to finish at $98.95 per barrel;

Gasoline rose 2.71 cents to end at $2.8050 per gallon;

Heating oil rose 1.44 cents to finish at $3.0242 per gallon;

Natural gas rose 2.9 cents to end at $2.554 per gallon.

On the ICE Futures exchange in London:

Brent crude fell by 55 cents to finish at $110.03 per barrel.