At a Glance: Oil falls below $92 per barrel
Posted at: 10/12/2012 5:05 PM
(AP) NEW YORK - The price of oil dropped Friday after a new report predicted a slower pace of growth in demand for oil, overshadowing concerns about unrest in the Middle East.
On the New York Mercantile Exchange:
_ Benchmark oil fell 21 cents to end at $91.86 per barrel
_ Heating oil fell 3.32 cents to end at $3.2239 per gallon.
_ Wholesale gasoline dropped 6.28 cents to end at $2.8928 per gallon.
_ Natural gas rose less than a penny to end at $3.611 per 1,000 cubic feet.
On the ICE Futures exchange in London:
_ Brent crude dropped $1.07 to finish the day at $113.61 per barrel.
(Copyright 2012 by The Associated Press. All Rights Reserved.)