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Sep 12, 2008

OIL NEWS * USA - Crude dips briefly below $100 as natural gas rallies

October crude touched a low of $99.99 on Globex Friday afternoon

San Francisco,CAL,USA -MarketWatch, by Myra P. Saefong -Sept. 12, 2008: -- ... marking the first decline below $100 since early April. October crude was last down 20 cents at $100.67 per barrel. But October natural gas was up 1.3% at $7.34 per million British thermal units. Analysts said Hurricane Ike may damage refineries in the Gulf region, reducing demand for crude oil.

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