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Oil was sliding Thursday as unusually mild winter weather kept buyers planted firmly on the sidelines.
Light, sweet crude was slipping $1.93 at $56.39 a barrel on the New York Mercantile Exchange. Nearby gasoline futures were drooping as well, off 4.28 cents at $1.5061 a gallon.
Stocks of crude oil fell to 319.7 million barrels as of Dec. 29, a dip of 1.3 million barrels from the prior week, according to new data published by the Energy Information Administration. The organization also says gasoline inventories rose to 209.5 million barrels from 203.9 million for the same periods. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
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