Thursday, November 29, 2012

At a glance: Oil slips near $87 a barrel

NEW YORK (AP) ? Oil prices fell Tuesday as traders remained unsure whether positive U.S. economic news signals an increase in fuel demand.

On the New York Mercantile Exchange:

Benchmark crude fell 56 cents to finish at $87.18 per barrel.

Wholesale gasoline for December delivery rose 0.58 cent to $2.7321 a gallon.

Natural gas rose 3.9 cents to $3.769 per 1,000 cubic feet.

Heating oil fell 3.71 cents to $3.0094 a gallon.

On the ICE Futures exchange in London:

Brent crude, which is used to price international varieties of oil, fell $1.05 to finish at $109.87 per barrel.

Source: http://news.yahoo.com/glance-oil-slips-near-87-barrel-213524568--finance.html

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