USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

116

Crude Price Began To Ease

Crude oil eased below $70 a barrel Thursday

Crude Price Began To Ease

Crude oil eased below $70 a barrel Thursday for the first time in three days after the US Government said it would dip into its oil reserves to help refiners hit by Hurricane Katrina.

The benchmark West Texas Intermediate crude for October delivery fell to $68.94 per barrel on the New York Mercantile Exchange.

London Brent crude slipped 54 cents to $67.01 a barrel on the IPE.

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