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Late Selloff Hits Oil

Stock quotes in this article: BBEP , COP , CVX , XOM , BP  

Updated from 1:05 p.m. EDT

The April crude oil contract fell sharply in late afternoon trading at the New York Mercantile Exchange, reversing a slow advance from the morning session.

After sneaking above $58 per barrel, crude plummeted nearly $2 in the last hour of trading at the Nymex before ultimately settling at $57.11. Reformulated gasoline climbed 2 cents to $1.90 a gallon, and heating oil remained unchanged at $1.69 a gallon.

The near-term contract for natural gas closed down 4 cents at $6.92 per million British thermal units. ...

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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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