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Crude Oil Drops To A Ten-Month Low |
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1:14 PM EDT October 03 2006 |
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Oil prices dropped to a ten-month low on strong fuel supplies. Light sweet crude November delivery lost $1.88 to $59.15. Heating oil dropped 5 cents to $1.6532 a gallon, while gasoline was down by 4 cents to $1.4725. Natural gas futures slipped nearly 11 cents to $5.538 per 1,000 cubic feet. London Brent November contract slipped $1.04 to $59.41. |
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