Oil settles lower on economic data

AP News
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Posted: May 26, 2011 3:47 PM
Oil settles lower on economic data

Oil prices fell on Thursday after the government offered fresh signs of slower economic growth. Here's how energy contracts traded.

On the New York Mercantile Exchange:

Crude fell $1.09 to settle at $100.23 per barrel.

Gasoline gained 2.07 cents to settle at $3.0074 a gallon.

Heating oil picked up 0.11 cent to settle at $2.9934 a gallon.

Natural gas fell 6.3 cents to settle at $4.360 per 1,000 cubic feet.

On the ICE Futures exchange:

Brent crude rose 12 cents to settle at $115.05 per barrel.