Oil falls to near $86 per barrel

Bookmark and Share
Make text smaller Make text larger

The price of oil fell Thursday after the European Central Bank predicted a bleak year ahead for the region’s economy, but stopped short of offering new measures to boost growth.


On the New York Mercantile Exchange:


n Benchmark crude fell $1.62 to finish at $86.26 per barrel.


n Heating oil fell 4.75 cents to end at $2.9432 per gallon.


n Wholesale gasoline fell 4.09 cents to finish at $2.5969 per gallon.


n Natural gas fell 3.4 cents to finish at $3.666 per 1,000 cubic feet.


n On the ICE Futures exchange in London:


n Brent crude, which is used to price international varieties of oil, fell $1.78 to finish at $107.03 per barrel.


Bookmark and Share Make text smaller Make text larger
comments powered by Disqus

Most Popular
August
2014
Friday
29
S M T W T F S
27 28 29 30 31 1 2
3 4 5 6 7 8 9
24 25 26 27 28 29 30
31 1 2 3 4 5 6
O-R's Poll Question of the Day