Oil prices down as natural gas continues to climb

Hot weather, production drop boost natural gas prices by 67 percent since April

NEW YORK (AP) -- The price of benchmark crude oil drifted down Monday, as natural gas prices continued to climb. Natural gas futures in New York have surged 69 percent since hitting a 10-year low this spring.

On the New York Mercantile Exchange:

Benchmark crude fell by 35 cents to end at $89.78 per barrel.

Gasoline rose 4.9 cents to finish at $2.9368 per gallon.

Heating oil lost 1.04 cents to end at $2.8791 per gallon.

Natural gas rose 19.9 cents, or 6.6 percent to end the day at $3.214 per 1,000 cubic feet.

On the ICE Futures exchange in London:

Brent crude fell 27 cents to end at $106.20 per barrel.

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