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WTI crude oil in New York drops under $96 per barrel
NEW YORK, Jan. 23 () -- The price of crude oil slipped under $96 Wednesday, dropping on the International Monetary Fund's release of a forecast for slower global growth.Gains in equities and a weak dollar are supporting prices, but the IMF released fresh projections for 2013, which was little changed around the globe from its October prediction -- except in the eurozone,[url=http://www.tymarc.com/]christian louboutin outlet[/url], which is now expected to contract slightly this year.By the end of the session, oil had dropped 93 cents to reach $95.67 a barrel on the New York Mercantile Exchange.Gasoline added 3.31 cents to $2.8521 a gallon.Home heating oil dropped 0.21 cents to $3.06 a gallon.Natural gas gained 0.2 cent to $3.572 per million British thermal units.At the pump, AAA reported the national average price for regular unleaded gasoline rose to $3.316 per gallon from Tuesday's $3.31. |
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