As dollar index comes down, Crude oil futures go up

As dollar index comes down, Crude oil futures go upClimbing over $81 per barrel with the dollar index down 0.16 percent, Crude oil futures rebounded on the New York Mercantile Exchange Monday.

Citing sufficient global supplies, the Organization of Petroleum Exporting Countries held production quotas unchanged in a meeting in Vienna last week.

There was a sharp drop in prices over the weekend, finding a recent low at $78.57 per barrel. But April delivery, light, sweet crude futures added $2.72 to $81.29 per barrel.

Adding 0.0038 cents, heating oil for April delivery climbed to $2.0875 a gallon. Reformulated gasoline blend stock rose 0.0065 cents to $2.2627 per gallon while Henry Hub natural gas for April added 0.047 cents to $4.126 per million British thermal units.

According to AAA, at the pump, the national average price of unleaded gasoline was unchanged Sunday to Monday at $2.82 per gallon. (With Inputs from Agencies)