Tuesday, September 16, 2008

Crude Oil Drops to Under $92 a Barrel

Crude oil prices fell to under $92 a barrel with investors started to drop commodities, believing that struggling global economies won't be able to sustain high demand.

Crude oil prices dropped to about $91.60 per barrel Tuesday morning on the New York Mercantile Exchange. Heating oil prices fell 0.0737 cents to $2.717 per gallon. Reformulated blendstock fell 0.2699 cents to $2.4915 per gallon, while natural gas was selling for $7.421 per million British thermal units, gaining 0.047 cents overnight.

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