Business Business: Energy

Oil ends lower, still near $91 a barrel

Modified: December 28, 2012 at 2:23 pm • Published: December 28, 2012

The price of oil fell slightly Friday, as the stock market drifted lower and efforts continued in Washington to strike a budget deal before the year-end deadline.

On the New York Mercantile Exchange:

Benchmark crude fell 7 cents to finish at $90.80 per barrel.

Gasoline fell 2.14 cents to end at $2.7999 a gallon.

Heating oil fell 2.75 cents to finish at $3.0448 a gallon.

Natural gas rose 5.7 cents to end at $3.4690 per 1,000 cubic feet.

On the ICE Futures exchange in London:

Brent crude fell 18 cents to finish the day at $109.83 per barrel.


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