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Sept. 10, 2013 / 3:48 PM

Energy prices ease back on talks of diplomatic solution

U.S. President Barack Obama leaves a policy luncheon after meeting with Senate Republicans at the U.S. Capitol in Washington, DC on September 10, 2013. President Obama visited both Senate Democratic and Republican policy luncheons to discuss the current situations in Syria. UPI/A.Wong/POOL

U.S. President Barack Obama leaves a policy luncheon after meeting with Senate Republicans at the U.S. Capitol in Washington, DC on September 10, 2013. President Obama visited both Senate Democratic and Republican policy luncheons to discuss the current situations in Syria. UPI/A.Wong/POOL | License Photo

NEW YORK, Sept. 10 (UPI) -- Crude oil prices for October delivery eased back under $108 per barrel Tuesday as the likelihood of a U.S. military strike in Syria appeared diminished.

A U.S. Senate vote in Washington on whether or not to authorize a military response to Syria's alleged use of chemical weapons against its own citizens has been postponed, as President Barack Obama said he "fervently" preferred a diplomatic solution over a military one, Fox News reported.

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West Texas Intermediate crude oil for October delivery shed $2.02 to $107.31 per barrel. Reformulated blendstock gasoline dropped 6.42 cents to $2.7382 per gallon. Heating oil dropped 5.1 cents to $3.0673 per gallon.

Natural gas gave up 3 cents to $3.58 per million British thermal units.

At the pump, the national average price of unleaded gasoline dropped to $3.564 per gallon Tuesday, down from Monday's $3.57, AAA's daily fuel gauge report said.

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