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NEW YORK — Oil prices ended a choppy session slightly higher Monday, edging back above $115 a barrel after Tropical Storm Gustav formed in the Caribbean.
Light, sweet crude for October delivery rose 52 cents to settle at $115.11 a barrel on the New York Mercantile Exchange after earlier falling as low as $113.68. Trading was light.
At the pump, a gallon of regular gasoline shed almost a penny overnight to a national average of $3.681, according to auto club AAA, the Oil Price Information Service and Wright Express. In Denver, the price dropped nearly a penny to $3.74.
