Rise in dollar weighs down crude oil prices
With the dollar index up 0.24 percent and the euro dropping, Crude oil prices finished near $77 per barrel Tuesday on the New York Mercantile Exchange.
Reflecting continued uncertainty over government debt in Europe, the euro dropped to $1.2261 Tuesday from Monday's $1.2318.
Down by 62 cents, July delivery crude oil prices eased back to $77.20 per barrel.
Heating oil prices for July delivery lost 0.0259 cents from a prior settlement to $2.12 per gallon.
It has also been reported that reformulated gasoline blend-stock prices dropped 0.0088 cents to $2.134 per gallon.
Henry Hub natural gas prices lost 0.085 cents to $4.788 per million British thermal units.
According to reports of AAA, the national average price for unleaded regular gasoline at the pump fell to $2.732 per gallon from Monday's $2.737. (With Inputs from Agencies)