New York—NYMEX January crude oil fell $2.15 to settle at $98.34/b December 8, weighed down with the rest of the petroleum complex by continued eurozone concerns. January RBOB settled 2.03 cents lower at $2.5666/gal, while heating oil fell 5.26 cents to settle at $2.9298/gal, despite the return of wintry weather to the key consuming Northeast region. Markets were pulled lower after European Central Bank President Mario Draghi suggested the ECB would not purchase more bonds to help solve the debt crisis.
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