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Oil falls as report shows rise in US crude stocks

Published on NewsOK Modified: February 13, 2013 at 2:51 pm •  Published: February 13, 2013

Drivers in some parts of the U.S. are paying more at the pump, as the national average for a gallon of regular rose to $3.62 on Wednesday, according to AAA. That's up 2 cents from Tuesday and 31 cents more than a month ago. The highest prices are in California, the Northeast and the Midwest.

Brent crude, used to price international varieties of oil, rose 6 cents to end at $118.72 a barrel on the ICE Futures exchange in London.

In other energy futures trading on the Nymex:

— Wholesale gasoline fell 1 cent to finish at $3.04 a gallon.

— Natural gas rose 8 cents to end at $3.31 per 1,000 cubic feet.

— Heating oil fell 2 cents to finish at $3.22 a gallon.


Pamela Sampson in Bangkok and Pablo Gorondi in Budapest contributed to this report.