Oil price falls nearly 2 pct. on China slowdown

AP News
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Posted: Oct 13, 2011 3:56 PM
Oil price falls nearly 2 pct. on China slowdown

Oil prices fell nearly 2 percent as the global economic slowdown took a toll on China.

Here's how energy prices traded Thursday.

On the New York Mercantile Exchange:

Crude lost $1.34 to end at $84.23 per barrel.

Gasoline fell less than a penny to finish at $2.7575 per gallon.

Heating oil added 3.67 cents to end at $2.9714 per gallon.

Natural gas rose 4.2 cents to finish at $3.531 per 1,000 cubic feet.

On the ICE Futures exchange in London:

Brent crude fell 25 cents to end at $111.11 per barrel.