On the New York Mercantile Exchange, the march heating oil fell5.3 cents to settle at 1.7708 dollars a gallon, while March gasoline fell more than 6 cents to settle at 1.6656 dollars a gallon. Natural gas fell 37.6 cents to 8.347 dollars per 1,000 cubic feet.
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Oil Prices Plunged On Iran Worries Eased
World crude oil prices plunged by more than one dollar
World crude oil prices plummeted by more than one dollar per barrel Thursday while the IAEA calmed down the worries over the sanctions against Iran.
New York's light sweet crude for delivery in March, dropped $1.88 to settle at $64.68 U.S. a barrel.
In London, the price of Brent North Sea crude for March delivery fell $2.15 to close at $62.88 a barrel.
On the New York Mercantile Exchange, the march heating oil fell5.3 cents to settle at 1.7708 dollars a gallon, while March gasoline fell more than 6 cents to settle at 1.6656 dollars a gallon. Natural gas fell 37.6 cents to 8.347 dollars per 1,000 cubic feet.
On the New York Mercantile Exchange, the march heating oil fell5.3 cents to settle at 1.7708 dollars a gallon, while March gasoline fell more than 6 cents to settle at 1.6656 dollars a gallon. Natural gas fell 37.6 cents to 8.347 dollars per 1,000 cubic feet.
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