GOLDEN INVESTMENT RESEARCH PRIVATE LIMITED.
Oil Prices
After rising for much of the day, benchmark crude plunged USD 2 in the final minutes of trading after word of the potential delay surfaced. It ended the day at USD 99.10 a barrel in New York.
Brent crude, which is used to price foreign oils imported by U.S. refineries, fell by USD 1.01 to finish at USD 111.05 a barrel in London.
Natural gas prices fell 8 cents, or 2.8%, to end at USD 2.70 per 1,000 cubic feet. Prices have fallen 13% in the past week as a mild winter cut into heating demand across the U.S., where more than half of homeowners use natural gas for heat.
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