Oil slides below $100 on Japan disaster

AP News
|
Posted: Mar 11, 2011 4:21 PM
Oil slides below $100 on Japan disaster

Oil prices retreated for a fourth day after a tsunami slammed into Japan, the world's third-largest oil consumer.

Here's a breakdown of how energy contracts traded Friday.

On the New York Mercantile Exchange:

Crude: dropped $1.54 to settle at $101.16 per barrel;

Heating Oil: gave up 1.59 cents to settle at $3.029 per gallon;

Gasoline: fell 3.19 cents to settle at $2.9877 per gallon;

Natural Gas: gained 5.9 cents to settle at $3.889 per 1,000 cubic feet.

On the ICE Futures exchange:

Brent Crude: lost $1.59 to settle at $113.84 per barrel.