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Warm Weather Drives Down Oil

Stock quotes in this article: HAL , USO , OIL , XOM , CVX , COP , BP  

Updated from 12:32 p.m. EST

Energy prices were mostly slipping Monday as the prospect of mild weather across much of the U.S. this week had traders concerned that demand would be soft.

Contracts for light sweet crude lost $1.14 to close at $58.91 a barrel on the New York Mercantile Exchange, while natural gas futures fell 17 cents to $6.91 per million British thermal units.

Heating oil lost 3 cents to $1.68 a gallon, but gasoline added a penny to close at $1.91 a gallon. ...

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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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