Business News

Crude oil prices dip under $101

Published: April 10, 2012 at 5:50 PM

NEW YORK, April 10 (UPI) -- Crude oil prices slid under $101 on the New York Mercantile Exchange, as equity markets were sluggish for the 10th consecutive session.

West Texas Intermediate crude oil for May delivery dropped 56 cents to $101.90.

Home heating oil prices shed 0.4 cents to $3.0917 per gallon. Reformulated blendstock gasoline gave up 1.31 cents to $3.2365 per gallon.

Natural gas prices lost 0.4 cents to $2.027 per million British thermal units.

At the pump, the national average price of unleaded gasoline dropped a half a cent, falling to $3.922 per gallon from Monday's $3.927, AAA said.

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