
NEW YORK, Nov. 7 (UPI) -- Crude oil prices shifted lower in New York Wednesday, slipping under $85 per barrel as traders reacted to President Barack Obama's re-election victory.
Giving a sense of the international community's reaction to the national election, the dollar index rose overnight, gaining 0.21 percent to 80.80 on the International Exchange.
On the New York Mercantile Exchange, West Texas Intermediate crude oil for December delivery gave up $3.85 to $84.60 per barrel.
Reformulated gasoline prices added 3.19 to $2.5973 per gallon. Home heating oil lost 0.3 cents to $2.9624 per gallon.
Natural gas prices lost 0.8 cents to $3.57 per million British thermal units.
At the pump, the national average price of unleaded gasoline dropped to $3.462 per gallon, down from Tuesday's $3.463, AAA said.
|
|
|
|
|
|
| Additional Business News Stories | |
BOURGET, France, June 17 (UPI) --
The first of four French E-3F Airborne Warning and Control aircraft is being upgraded by Air France Industries, a sub-contractor to Boeing of the United States.
|
WASHINGTON, June 17 (UPI) --
Senior U.S. military officials are looking into ways to counter the potential risk of enemy forces including terrorists acquiring unmanned aircraft to attack U.S. targets.
|
Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
|
Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
|
| Stories | Photos | Comments |
View Caption