Crude oil, oil products prices lower on session

Oil prices fell on Tuesday, with Brent crude July contracts falling back below $70 per barrel as it dropped 57 cents in trade on the Intercontinental Exchange in London to $69.92 per barrel. Meanwhile, in early afternoon trade on the New York Mercantile Exchange, June contracts for West Texas Intermediate crude were $1.29 lower to $64.98 per barrel after having traded between $64.85 and $65.95 per barrel during the morning session.

Prices for oil products were lower, as well. Nymex June gasoline dropped 9 cents to $2.31 per gallon, trading between $2.31 and $2.36 per gallon. July heating oil was down 4 cents to $1.91 per gallon, having traded between $1.91 and $1.93 per gallon. July Nymex natural gas fell 10 cents to $7.99 per million British thermal units after trading between $7.98 and $8.06 per mBtu in the morning session.