Crude oil rates returned to their former condition on Wednesday after falling below USD 70 suddenly, on rumors of Hurricane ‘Dean’ retrieving durability and distressing oil facilities in Mexico.

The storm was auspicated to flap down into the earth on late Wednesday afternoon near Laguna Verde, Mexico’s sole nuclear power plant that is freezing operations.

In electronic trading, light, sweet crude arose 32 cents to USD 69.89 per barrel on the New York Mercantile Exchange (NYMEX) for October delivery. The contract had descended USD 1.39 to USD 69.57 a barrel on Tuesday.

The contract for the coming month came down USD 1.65 on Tuesday and expires at USD 69.47 a barrel, the lowest close for a front-month contract since June 27.

However, gasoline costs ascended 1.39 cents on Wednesday to USD 1.8776 per gallon on the NYMEX, whereas natural gas decreased 0.2 cents to USD 5.815 per 1,000 cubic feet.

Heating oil futures rose 0.75 cents to USD 1.9595 a gallon (3.8 liters).