Oil edges up in thin post-holiday trade

NEW YORK — Oil remained below $93 a barrel Friday, in light trading a day after the Thanksgiving holiday in the U.S.
For the week, oil fell by $2.32 a barrel.

At the gas pump, the U.S. average price of a gallon of gasoline is $3.28. That’s up 4 cents from a week ago, but down 13 cents from this time last year.

The nationwide average is the cheapest for the day after Thanksgiving since 2010.

In Houston Friday, the average was $3.139 a gallon, down from $3.141 Thursday.

Benchmark U.S. crude for January delivery rose 42 cents to close at $92.72 a barrel Friday on the New York Mercantile Exchange.

Brent crude, a benchmark for international oils, was down $1.17 at $109.69 a barrel on the ICE exchange in London.

In other energy futures trading on Nymex:
— Wholesale gasoline fell 3 cents to $2.66 a gallon.
— Heating oil fell 1 cent at $3.03 a gallon.
— Natural gas rose 5.9 cents to $3.95 per 1,000 cubic feet.