Crude oil prices rebound

NEW YORK, May 13 (UPI) -- Crude
oil prices climbed steadily Tuesday as investors returned from a
one-day retreat from oil, which rose more than 4 percent in price a
week ago.

The price of oil closed near its record, reaching
$125.86 per barrel on the New York Mercantile Exchange Tuesday, a gain
of $1.99 per barrel.

Heating oil prices fell 0.0039 cents in
late trading to $3.695 per gallon. The price of reformulated gasoline
blendstock rose 0.0019 cents to $3.2019 per gallon. Natural gas prices
fell 0.017 cents to $11.405 per million British thermal units.

The
price at the pump climbed to a national average record $3.732 for a
gallon of unleaded regular gasoline, up from Monday's price of $3.718 a
gallon, AAA reported.