Oil falls near $97 per barrel on global questions
NEW YORK (AP) — The price of oil fell Wednesday as traders questioned how much the global economy may benefit from efforts to promote growth in the U.S. and Europe.
On the New York Mercantile Exchange:
Benchmark crude fell 16 cents to end at $97.01 per barrel.
Heating oil increased 2.95 cents to end at $3.2152 per gallon.
Wholesale gasoline dropped 4.19 cents to end at $3.0016 per gallon.
Natural gas rose 7.1 cents to end at $3.063 per 1,000 cubic feet.
On the ICE futures exchange in London:
Brent crude increased 56 cents to finish at $115.33 per barrel.