Heating oil rose 0.42 cent to $1.6960 a gallon, while gasoline gained 0.20 cent to $1.5960 a gallon.
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Crude Oil Prices Stable
Crude oil prices are stable on Wednesday
Crude oil prices are stable on Wednesday after falling more than $2 a barrel in the previous session and ahead of the release of U.S. oil inventory data expected to show stockpiles rose.
Light, sweet crude for March delivery fell 3 cents to $63.06 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell $2.02 on Tuesday to settle at $63.09 a barrel.
Heating oil rose 0.42 cent to $1.6960 a gallon, while gasoline gained 0.20 cent to $1.5960 a gallon.
The U.S. Energy Information Administration on Tuesday revised its forecast of global demand in the first quarter to 85 million barrels a day _ 300,000 barrels a day lower than predicted a month ago. U.S. oil demand in the first quarter was revised downward by 220,000 barrels a day to 20.67 million.
Heating oil rose 0.42 cent to $1.6960 a gallon, while gasoline gained 0.20 cent to $1.5960 a gallon.




