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Crude Oil Prices Fall Further

Stock quotes in this article: USO , BP , TOT , XOM  

Crude prices are falling again Wednesday after the U.S. Coast Guard conducted its first aerial survey of oil installations in the Gulf of Mexico and confirmed that no major structural damage was caused by Hurricane Gustav.

October West Texas Crude was recently losing $1.50 at $108.21 a barrel, and Brent crude was down $1.20 at $107.14 a barrel. Near-month natural gas was sliding 18 cents at $7.08 per million British thermal units.

Cramer: Gulf Can't Make or Break Oil
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Dow Jones S&P 500 NASDAQ 10-Year Note
10,344.84 1,095.63 2,144.60 32.01
Oil *
78.55
UP
34.92
UP
4.14
UP
6.16
DOWN
0.30
10 Yr
3.20%
SPDR Gold
115.65
+0.34%
+0.38%
+0.29%
-0.93%
Data delayed 20 minutes

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