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Crude Sees Sharp Decline

Stock quotes in this article: IMO , XOM , CVX , VSE , AVR , HAL , BHI  

Crude futures softened on Monday after a key OPEC minister raised the possibility that the oil cartel may raise its production quota at its next scheduled meeting to counter soaring prices.

December West Texas intermediate crude fell $2.08 to $94.24 a barrel on the New York Mercantile Exchange. Reformulated gasoline slid 5 cents to $2.41 a gallon, and heating oil lost 4 cents to $2.58 a gallon.

Near-term natural gas was 10 cents higher to $8 per million British thermal units. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,388.90 1,105.98 2,194.35 34.83
Oil *
77.74
UP
22.75
UP
6.06
UP
21.21
UP
1.03
10 Yr
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SPDR Gold
113.75
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+0.98%
+3.05%
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