Oil ends lower on doubts about Fed stimulus plan

AP News
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Posted: Sep 21, 2011 4:43 PM
Oil ends lower on doubts about Fed stimulus plan

Oil dropped Wednesday as some analysts said the Federal Reserve wasn't doing enough to spark the economy and boost demand for oil and gas.

Here's how energy prices traded.

On the New York Mercantile Exchange:

Crude fell $1.00 to end at $85.92 per barrel.

Gasoline dropped 3.49 cents to finish at $2.6665 per gallon.

Heating oil lost 2.74 cents to end at $2.9342 per gallon.

Natural gas lost 6.8 cents to finish at $3.73 per 1,000 cubic feet.

On the ICE Futures exchange in London:

Brent crude fell 18 cents to end the day at $110.36 per barrel.