Crude oil slides to less than $102

Oct. 11, 2013 at 4:09 PM   |   0 comments

NEW YORK, Oct. 11 (UPI) -- Crude oil prices posted a fifth week of losses in the past six, sliding to less than $102 per barrel Friday.

West Texas intermediate crude, which had begun the week near $104 per barrel, was off $1.08 late in the day to $101.93.

Reformulated blendstock gasoline prices were off 3.12 cents to $2.667 per gallon. Home heating oil lost 3.82 cents to $3.0318 per gallon. Natural gas added 0.58 cents to reach $3.781 per million British thermal units.

At the pump, the national average price of unleaded gasoline dropped to $3.345 per gallon from Thursday's $3.351, AAA's Daily Fuel Gauge Report said.

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