facebook
twitter
rss
account
search
search
 

Energy prices ease back on talks of diplomatic solution

Sept. 10, 2013 at 3:48 PM   |   Comments

| 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.

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.

Topics: Barack Obama
© 2013 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.
Most Popular
1
Additional sub-components being made for Ballistic Missile Defense radar Additional sub-components being made for Ballistic Missile Defense radar
2
Russian bank boss feeling sanctions pain Russian bank boss feeling sanctions pain
3
Navy's Triton surveillance drone flies cross-country Navy's Triton surveillance drone flies cross-country
4
Ukraine's State Guard Service receives armored personnel carriers Ukraine's State Guard Service receives armored personnel carriers
5
Army deploying JLENS radar system to help protect Washington, D.C. Army deploying JLENS radar system to help protect Washington, D.C.
Trending News
Video
x
Feedback