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Crude Sees Rally Vanish

Stock quotes in this article: SRE , PDS , XOM , RIG , COP , GSF  

Oil futures rallied past $73 at one point Monday, but the buying momentum faded in the afternoon as the end of the session drew near.

September light sweet crude was recently down 22 cents at $71.25 a barrel at the New York Mercantile Exchange. Reformulated gasoline was losing 2 cents at $1.93 a gallon, and heating oil was little changed at $1.97 a gallon.

The near-term natural gas contract slipped 5 cents to $6.77 per million British thermal units. ...

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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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