Oil

Oil falls below $92 a barrel

AP News
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Posted: May 18, 2012 3:31 PM
Oil falls below $92 a barrel

On Friday crude oil prices fell ahead of a weekend meeting in which President Barack Obama and leaders of the world's biggest economies will search for ways to help Europe resolve its ongoing debt crisis. Here's how energy contracts traded.

On the New York Mercantile Exchange:

Benchmark crude fell $1.08 to finish at $91.48 per barrel.

Gasoline rose 1.13 cents to end at $2.8895 a gallon.

Heating oil fell 1.90 cents to finish at $2.8300 a gallon.

Natural gas rose 14.8 cents to end at $2.7420 per 1,000 cubic feet.

On the ICE Futures exchange in London:

Brent crude fell 35 cents to finish the day at $107.14 per barrel.