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Updated from 10:52 a.m. EDT
Energy futures fell hard and fast at the New York Mercantile Exchange Tuesday after Hurricane Gustav failed to cause much structural damage to offshore oil and gas installations in the Gulf of Mexico.
October West Texas crude settled down $5.75 at $109.71, but traded as low as $105.46 at one point in the day. Brent crude fell $5.71 to close at $108.34 a barrel. The near-month natural gas contract lost 68 cents to close at $7.26 per million British thermal units.
Reformulated gasoline and heating oil both slid 12 cents, settling at $2.85 a gallon and $3.19 a gallon respectively. Near-month natural gas was down 51 cents at $7.44 per million British thermal units. ...
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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