Rise in dollar weighs down crude oil prices

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)