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Oil Slips Below $99 a Barrel
Oil fell slightly and held under $100 a barrel for a seventh straight trading day Monday on signs that European leaders may not take steps to end their debt crisis, Bloomberg reported.
Crude futures fell almost $1, slipping below $99 a barrel in pre-market New York Mercantile Exchange trading, Bloomberg said.
Oil last finished a trading day over $100 a barrel on Jan. 19 and finished every day last week at or near $99 a barrel, according to Bloomberg Nymex figures.
Diesel and gasoline prices both fell less than a penny last week at the pump. The Department of Energy will release its weekly survey of filling stations Monday afternoon in Washington.
