June WTI down nearly $1 at early afternoon

Prices for West Texas Intermediate crude oil for June delivery were down 93 cents to $61 per barrel in early afternoon trade on the New York Mercantile Exchange on Monday. Nymex June gasoline was also lower, down 4 cents to $2.17 per gallon, while Nymex June heating oil had also dropped 4 cents, to $1.80 per gallon. Meanwhile, June natural gas had fallen 21 cents to $7.73 per million British thermal units.