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Natural gas keeps falling in price

NEW YORK, Nov. 1 (UPI) -- Commodities traders on the New York Mercantile Exchange let more air out of the natural gas price bubble Tuesday, driving it to a three-month low.

Natural gas for December delivery fell to a low of $11.67 per million Btu before settling at $11.86, down 34.5 cents -- a level not seen since Aug. 29.

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High-quality crude oil for December delivery rose 9 cents to end the session at $59.85 per barrel after trading at a low of $59.

Heating oil eased to $1.89 per gallon, and gasoline crept up to $1.6036 per gallon.

The commodities' lack of movement comes a day after hydrocarbons lost significant value on global energy markets, indicating that traders may be taking a breather from their month-long selling spree.

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