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Crude oil dips under $90

Oct. 22, 2012 at 6:24 PM   |   Comments

NEW YORK, Oct. 22 (UPI) -- Crude oil held under $90 per barrel Monday, with traders cautious two weeks before Election Day in the United States.

November delivery of West Texas Intermediate crude oil gave up $1.31 cents to $89.13 per barrel on the New York Mercantile Exchange.

Natural gas prices lost 1.4 cents to $3.438 per million British thermal units. Home heating oil lost 0.3 cents to $3.076 per gallon. Reformulated blendstock gasoline lost 2.28 cents to $2.6412 per gallon.

At the pump, the average price for a gallon of regular unleaded gasoline was $3.665 per gallon, down from Sunday's $3.776, AAA reported.

© 2012 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.
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