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Crude oil prices slip overnight

Thu, 21/10/2010 - 21:50 by Prince damin

New York -- Crude oil prices slid overnight to close to $82 per barrel on the New York Mercantile Exchange, a correction prompted by a $2.34 price run-up Tuesday.

December delivery light, sweet crude oil dropped 47 cents to $82.07 per barrel. Heating oil prices also corrected lower, losing 0.24 cents to $2.2705 per gallon. Reformulated gasoline blendstock lost 0.12 cents to $2.0717 per gallon.

Henry Hub natural gas prices lost 6.9 cents overnight to $3.47 per million British thermal units.

At the pump, the national average price of unleaded gasoline was unchanged Thursday at $2.831 per gallon, AAA said.

Copyright 2010 United Press International, Inc. (UPI).

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