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Wednesday, October 07, 2009
Crude Oil Settles at $69.57 on Wednesday
FOXBusiness
Crude oil for November delivery, fell $1.31 per barrel, or 1.85%, to close at $69.57 on the New York Mercantile Exchange on Wednesday, marking the largest single-day dollar decline since Sept. 24.
Meanwhile, reformulated gasoline for November delivery dropped 5.24 cents per gallon to close at $1.7203. Heating oil for November delivery fell 3.31 cents per gallon to $1.7811, while natural gas gained 2.4 cents per million BTUs, to close at $4.904.
On the Comex, gold for October delivery gained $4.70 per troy ounce to close at $1043.3, while silver gained 20.50 cents per troy ounce, or 1.19% to settle at $17.478.
In London on the ICE Futures Exchange, Brent Crude lost $1.36 to settle at $67.20 per barrel. In oil companies, Chevron (CVX), closed at $70.51 per share while Exxon Mobil (XOM) closed at $68.67.
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