NEW YORK, Feb. 4 (UPI) -- Crude oil headed down to near $96 a barrel in New York Monday, with the dollar mixed in Asia and stronger in Europe.
A sharp drop in equities on Wall Street may have signaled the end of a five-week rally, which would damper demand optimism.
West Texas Intermediate crude oil for March delivery gave up $1.64 to $96.13 per barrel on the New York Mercantile Exchange. Reformulated blendstock gasoline lost 3.28 cents to $3.0172 per gallon. Heating oil added 0.03 cents to $3.1603 per gallon.
Natural gas added 2.8 cents to $3.328 per million British thermal units.
At the pump, the national average price of unleaded gasoline rose to $3.523 per gallon from Sunday's $3.514 per gallon, AAA said.
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TEL AVIV, Israel, May 17 (UPI) --Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.