Crude oil near $107 - UPI.com Crude oil settled just above $107 per barrel Monday in New York while traders kept an eye on Middle East tensions and economic data that would indicate demand. NEW YORK, March 5 (UPI) -- Crude oil settled just above $107 per barrel Monday in New York while traders kept an eye on Middle East tensions and economic data that would indicate demand. April delivery light sweet crude prices on the New York Mercantile Exchange climbed 44 cents in late trading to hit $107.16 per barrel. Home heating oil added 0.4 cents to $3.2214 per gallon. Reformulated gasoline gained 0.7 cents to $3.265 per gallon. Henry Hub natural gas prices added 0.3 cent to $2.358 per million British thermal units.