U.S. oil prices drop to near $102 a barrel

Tue Sep 9, 2008 6:32pm EDT
 
[-] Text [+]

LOS ANGELES (Reuters) - U.S. crude oil futures fell more than $1 after Tuesday's settlement to $102.06 a barrel, the lowest crude oil price since early April.

A month ago, U.S. crude futures were trading near $115 a barrel and a year ago, were trading around $78 a barrel. On Tuesday, October delivery crude settled at $103.26, down $3.08, after hitting a session low of $102.20.

(Reporting by Bernie Woodall; Editing by David Gregorio)

 
Photo

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better