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Crude oil prices top $87     (Business News)
01/28/2011 09:34 A (EST)
NEW YORK, Jan. 28 (UPI) -- Crude oil prices topped $87 per barrel Friday on a rise in the U.S. gross domestic product in the fourth quarter.

The nation's economic output in the first of three estimates came in at 3.2 percent, lower than the 3.5 percent expected but higher than the third quarter's 2.6 percent climb.

On the New York Mercantile Exchange, crude oil checked a week-long slide and turned higher, adding $1.46 to $87.10 per barrel. Home heating oil prices gained 0.15 cents to $2.6566 per gallon. Reformulated blendstock gasoline prices rose 0.87 cents to $2.4219 per gallon. Henry Hub natural gas prices rose 2.7 cents to $4.346 per million British thermal units.

At the pump, the national average price of unleaded gasoline dropped slightly to $3.10 per gallon Friday from Thursday's $3.101, AAA said.