Oil held near a four-month high of more than $95 a barrel early Tuesday in advance of the Department of Energy’s weekly survey of filling station prices for diesel and gasoline, Bloomberg News reported.
Crude futures slipped 7 cents to $95.49 a barrel from Friday, which had been the highest New York Mercantile Exchange closing price in four months, Bloomberg said.
Diesel prices have slid 14 cents in six straight declines, while gasoline has gained a nickel in four weeks of small increases, according to DOE figures.
The department will release its weekly survey of pump prices Tuesday afternoon in Washington. The federal government was closed Monday because of the Martin Luther King Jr. Day holiday.