Europe anxiety pushes oil prices lower

AP News
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Posted: Dec 15, 2011 3:31 PM
Europe anxiety pushes oil prices lower

Oil prices continued to drop on Thursday after Wednesday's 5 percent plunge, as Europe's weakest economies failed to get more help from their central bank. Here's how energy contracts traded.

On the New York Mercantile Exchange:

Crude fell $1.08 to finish at $93.87 per barrel.

Gasoline fell by 1.6 cents to end at $2.4877 per gallon.

Heating oil lost 0.74 cent to finish at $2.8225 per gallon.

Natural gas fell 0.9 cent to end $3.1270 per 1,000 cubic feet.

On the ICE Futures exchange in London:

Brent crude fell 65 cents to finish at $103.60 per barrel.