Benchmark oil fell $1.62, or 1.8 percent, to finish at $86.26 per barrel in New York. Brent crude, which is used to price international varieties of oil, dropped $1.78, or 1.6 percent, to end at $107.03 per barrel in London.

Heating oil fell 4.75 cents to finish at $2.9432 per gallon. Wholesale gasoline fell 4.09 cents to end at $2.5969 per gallon. Natural gas fell 3.4 cents to finish at $3.666 per 1,000 cubic feet.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

If you liked this article you might like

What's Behind the Surge in Energy Stocks

Hillary Clinton Says Prosecuting Individuals is Key to Wall Street Reform