Oil price falls below $86 on mixed economic data

AP News
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Posted: Oct 20, 2011 4:08 PM
Oil price falls below $86 on mixed economic data

Oil prices fell Thursday after a series of reports pointed to higher demand and growing supplies in coming months.

Here's how energy contracts traded.

On the New York Mercantile Exchange:

Crude fell 81 cents to end at $85.30 per barrel.

Gasoline rose less than a penny to finish at $2.6755 per gallon.

Heating oil added 4.89 cents to end at $3.0301 per gallon.

Natural gas increased 4.4 cents to finish at $3.630 per 1,000 cubic feet.

On the ICE Futures exchange in London:

Brent crude rose $1.37 to end the day at $109.76 per barrel.