NEW YORK, Feb. 12 (UPI) -- Crude oil prices slid to less than $74 per barrel Friday morning on the New York Mercantile Exchange, dropping sharply after a steep run up Thursday.
Prices have trended upward this week, which started with prices near $71 per barrel and peaked above $75 on Thursday.
The prices of March delivery light, sweet crude oil dropped $1.48 overnight to $73.80, after jumping Thursday when leaders in the European Union said they would support a program for Greece to pay down its national debt.
Heating oil shed 0.0291 cents Friday to $1.9339 per gallon. Reformulated gasoline blendstock lost 0.0238 cents to $1.9119 per gallon. Natural gas prices lost 0.054 cents to $5.342 per million British thermal units.
At the pump, the national average price of unleaded gasoline was $2.628 per gallon Friday, down from Thursday's $2.636, AAA said.