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Crude oil drops under $93

Nov. 18, 2013 at 4:17 PM
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NEW YORK, Nov. 18 (UPI) -- Crude oil prices ducked under $93 per barrel in New York Monday as traders kept an eye on talks with Iran that could lift Western sanctions.

On the New York Mercantile Exchange, West Texas Intermediate, light, sweet crude shed 87 cents to $92.97 per barrel. Reformulated gasoline shed 0.5 cents to reach $2.6527 a gallon.

Home heating oil lost 2.23 cents to hit $2.9231 gallon.

Natural gas lost 4 cents to $3.62 per million British thermal units.

At the pump, the national average price of unleaded gasoline was unchanged from Sunday, holding at $3.208 per gallon, the AAA Daily Fuel Gauge Report said.

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