Meir forecast an average price of $92 a barrel for the Nymex contract during 2013.
Brent crude, used to price international varieties of oil, was down 44 cents to $110.87 a barrel on the ICE Futures exchange in London.
In other energy futures trading on the New York Mercantile Exchange:
â¿¿ Wholesale gasoline retreated 1.47 cents to $2.7496 a gallon.â¿¿ Heating oil lost 0.22 cent to $3.0155 a gallon. â¿¿ Natural gas added 4.3 cents to $3.33 per 1,000 cubic feet. ___ Pamela Sampson in Bangkok contributed to this report.