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Crude Falls for Third Day

Stock quotes in this article: XOM , CVX , ^XOI , CRK , MRO , BP , RD , VLO , KSE , NI  

Updated from 2:21 p.m. EDT

Oil prices fell for a third day Wednesday as traders focused on Treasury Secretary John Snow's cautious prediction for 2005 economic growth.

Crude for October delivery closed down $1.46 to $64.50 a barrel after losing $3.51, or more than 5%, on Friday and Tuesday. Gasoline futures fell 3 cents to $2.02 a gallon. Natural gas futures fell 46 cents to $11.20 per thousand cubic feet.

Front-month crude is now $1.63 below its level just prior to Hurricane Katrina's arrival, while gasoline futures are up 10 cents. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,328.89 1,102.47 2,211.69 35.46
Oil *
73.88
UP
20.63
UP
6.40
UP
31.64
UP
0.59
10 Yr
3.55%
SPDR Gold
108.95
+0.20%
+0.58%
+1.45%
+1.69%
Data delayed 20 minutes

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