Thursday, October 6, 2011

Oil drops to lowest price since 2010 (AP)

Oil slipped to its lowest level in more than a year as fears of another recession spread.

Here's a breakdown of how energy prices traded Monday.

On the New York Mercantile Exchange:

Crude fell $1.59 to end at $77.61 per barrel.

Gasoline dropped 2.71 cents to finish at $2.511 per gallon.

Heating oil lost 2.64 cents to end at $2.7529 per gallon.

Natural gas fell 4.9 cents to finish at $3.617 per 1,000 cubic feet.

On the ICE Futures exchange in London:

Brent crude fell $1.05 to end at $101.71 per barrel.

Source: http://us.rd.yahoo.com/dailynews/rss/energy/*http%3A//news.yahoo.com/s/ap/20111003/ap_on_bi_ge/oil_prices_glance

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