Thursday, March 18, 2010
Oil falls to near $82 in Asia
8:57 PM | 
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SINGAPORE: Oil prices fell toward $82 a barrel Thursday in Asia, paring two days of gains that were fueled by signs U.S. crude demand may be improving.
Benchmark crude for April delivery was down 50 cents to $82.43 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose $1.23 to settle at$82.93 on Wednesday.
In other Nymex trading in April contracts, heating oil fell 1.41cents to $2.125 a gallon, and gasoline dropped 1.26 cents to $2.297a gallon. Natural gas slid 3.3 cents to $4.27 per 1,000 cubic feet. In London, Brent crude was down 48 cents at $81.48 on the ICE futures exchange.
Benchmark crude for April delivery was down 50 cents to $82.43 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose $1.23 to settle at$82.93 on Wednesday.
In other Nymex trading in April contracts, heating oil fell 1.41cents to $2.125 a gallon, and gasoline dropped 1.26 cents to $2.297a gallon. Natural gas slid 3.3 cents to $4.27 per 1,000 cubic feet. In London, Brent crude was down 48 cents at $81.48 on the ICE futures exchange.
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