Submitted by Fox First at Ten on December 6th
By By The Associated Press
The price of oil fell Thursday after the European Central Bank predicted a bleak year ahead for the region's economy but stopped short of offering new measures to boost growth
On the New York Mercantile Exchange:
Benchmark crude fell $1.62 to finish at $86.26 per barrel.
Heating oil fell 4.75 cents to end at $2.9432 per gallon.
Wholesale gasoline fell 4.09 cents to finish at $2.5969 per gallon.
Natural gas fell 3.4 cents to finish at $3.666 per 1,000 cubic feet.
On the ICE Futures exchange in London:
Brent crude, which is used to price international varieties of oil, fell $1.78 to finish at $107.03 per barrel.
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