WTI for February delivery gained 25 cents to $54.15 a barrel on the New York Mercantile Exchange at 11:23 a.m. in London. The contract added 88 cents to close at $53.90 on Tuesday, the highest since July 2, 2015. Total volume traded was about 51 percent below the 100-day average. Prices are up about 46 percent this year. Brent for February settlement rose 31 cents to $56.40 a barrel on the London-based ICE Futures Europe exchange. Prices on Tuesday climbed 93 cents to settle at $56.09. Futures have gained 51 percent this year. The global benchmark traded at a premium of $2.28 to WTI. click Read More below for additional detail
National Average Price for Regular Unleaded Current: $3.077; Month Ago: $2.985; Year Ago: $2.085. National Average Price for Diesel Current: $3.208; Month Ago: $3.125; Year Ago: $2.420.