facebook
twitter
rss
account
search
search
 

Crude oil slides on Syrian solution

Sept. 16, 2013 at 4:00 PM   |   Comments

NEW YORK, Sept. 16 (UPI) -- Crude oil prices for October delivery dropped $1.72 to $106.35 per barrel Monday, as the market reacted to a deal over Syria's chemical weapons.

Russian and U.S. negotiators reached a deal in which Syria would relinquish control of the chemical weapons at the heart of an international crisis. President Barack Obama had threatened a military intervention after Syria allegedly attacked its own citizens with chemical weapons in late August.

Reformulated blendstock gasoline prices fell 4.96 cents to $2.72 per gallon. Home heating oil dropped 5.71 cents to $3.0566 per gallon. Natural gas added 7 cents to $3.74 per million British thermal units.

At the nation's gas stations, the national average price for unleaded gasoline fell to $3.517 per gallon Monday from Sunday's $3.523, the AAA 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
ATM fees on the rise, again ATM fees on the rise, again
2
First A-29 rolls off Florida assembly line for USAF program First A-29 rolls off Florida assembly line for USAF program
3
Navy orders more Block IV Tomahawk cruise missiles Navy orders more Block IV Tomahawk cruise missiles
4
Babcock conducting refit, maintenance of mine-hunter vessel Babcock conducting refit, maintenance of mine-hunter vessel
5
Saab to overhaul Navy submarine; supply remotely operated vehicles Saab to overhaul Navy submarine; supply remotely operated vehicles
Trending News
x
Feedback