Arab Today, arab today crude oil finds support from ecb
Last Updated : GMT 10:37:01
Arab Today, arab today
Arab Today, arab today

Crude oil finds support from ECB

Arab Today, arab today

Arab Today, arab today Crude oil finds support from ECB

London - UPI

Crude oil prices slide to less than $96 a barrel Tuesday with support coming from the likelihood of a European bond-buying program on the horizon. European Central Bank President Mario Draghi said Monday he would go along with a program of buying three-year government bonds. The ECB is scheduled to make a monetary policy announcement Thursday. On the New York Mercantile Exchange Tuesday, West Texas Intermediate crude oil for October delivery shed $1.11 to $95.36 per barrel. Natural gas added 6.3 cents to $2.862 per million British thermal units. Home heating oil lost 0.56 cents to $3.146 per gallon. Reformulated blendstock gasoline gained 0.91 cents to $2.9819 per gallon. At the pump, the average price for a gallon of regular unleaded gasoline was $3.824 per gallon Tuesday, down from Monday\'s $3.827, AAA reported.

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