|
"The poor earnings reports seem to have rekindled worries that the global economy is under pressure and slowing," said Tradition Energy oil analyst Gene McGillian. Brent crude fell $1.19, or 1.1 percent, to end at $108.25 per barrel in London. Brent has dropped more than 5 percent in the past six trading sessions. In other futures trading in New York: Heating oil fell 3.33 cents to finish at $3.043 per gallon. Natural gas broke the trend, rising 8.3 cents to end at $3.535 per 1,000 cubic feet after falling sharply Monday.
Copyright 2012 The Associated
Press. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries
Community |
Perspectives
|
Law & Courts |
Leisure Time
|
Spiritual Life |
Health & Fitness |
Teen Scene
Calendar
|
Letters to the Editor