Oil falls below $96 per barrel

AP News
Posted: Aug 29, 2012 3:23 PM
Oil falls below $96 per barrel

NEW YORK (AP) — Oil prices fell Wednesday as U.S. supplies rose for the first time in a month and finance ministers from leading industrialized nations pleaded with top producers to boost production to help lower crude prices and help the global economy.

On the New York Mercantile Exchange:

Benchmark crude fell 84 cents to finish at $95.49 per barrel.

Heating oil fell 0.46 cent to finish at $3.1157 per gallon.

Gasoline fell 2.58 cents to end at $3.1003 per gallon.

Natural gas rose 2 cents to end at $2.6340 per 1,000 cubic feet.

On the ICE Futures exchange in London:

Brent crude fell 4 cents to finish the day at $112.54 per barrel.