Oil prices on Thursday (September 13), ended above USD 80 a barrel for the first time on Thursday; gasoline prices rose as refiners reported production problems after Hurricane Humberto hit Texas.
Oil had made a new high in an intraday trading session hitting above USD 80 a barrel on Wednesday, but ended the day below the USD 80 mark.
Light, sweet crude for October delivery finished at a record USD 80.09, up 18 cents on the New York Mercantile Exchange (NYMEX).
The October oil contract also set an intraday record of USD 80.20 a barrel on Thursday.
In London, October Brent crude fell 28 cents, to settle at USD 77.40 a barrel on the ICE futures exchange.
In other Nymex trading, heating oil futures lost 0.01 cents, to settle at USD 2.219 a gallon.
Natural gas lost 40.9 cents to settle at USD 6.029 per 1,000 cubic feet after the government reported that inventories had grown by 64 billion cubic feet last week, slightly more than the 62 billion cubic feet analysts had expected.At the pump, meanwhile, gas prices slipped 0.7 cents, overnight to a national average of USD 2.808 a gallon.
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