Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Crude oil prices drop Monday

|
|
 
  
(UPI/Michael Kleinfeld) 
Published: July 6, 2009 at 6:14 PM
Advertisement

NEW YORK, July 6 (UPI) -- Crude oil prices tumbled to nearly $64 per barrel on the New York Mercantile Exchange Monday following a sharp fall in stock markets before the holiday recess.

The Dow Jones industrial average fell 2.63 percent Thursday before the long Independence Day holiday.

Crude oil prices dropped $2.31 Monday to $64.05 per barrel. Heating oil prices fell 0.0714 cents to $1.6266 per gallon. Reformulated blendstock gasoline lost 0.0426 cents to $1.7404 per gallon. Natural gas prices fell 0.157 cents to $3.487 per million British thermal units.

At the pump, the average price for a gallon of regular unleaded gasoline was $2.611 Monday, down from Sunday's $2.618 a gallon, AAA said.

© 2009 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
  
Join the conversation
Additional Business News Stories
1 of 15
Rose McGowan at The Heart Truth's Red Dress Fall 2012 Collections at Mercedes-Benz Fashion Week In New York
View Caption
fark
The toughest place to be a train driver
"Can a man be 'slut-shamed?'" Well...yeah
Problem: You have a city full of people who have no ability whatsoever to parallel park. Solution:...
38KKK air bags keep woman safe in car crash
NJ DOT committee presents recommendations on ways to reduce train-related deaths. #1: Stop getting...
Another amenity your car is missing: A wood burning stove. Talk to this guy about getting that set...