Crude oil prices fell below $80 for the first time in two weeks on Monday. Crude oil for April delivery closed at $79.80 in trading on the NYMEX.
Elsewhere across the energy sector...April contracts on the NYMEX:
Heating oil down 3.64 cents to close at $2.0576 a gallon.
Gasoline declined 3.22 cents to settle at $2.2228 a gallon.
Natural gas was lower by .9 cents to close at $4.391 per 1,000 cubic feet.
Natural gas prices hit a new 52-week low of $4.334 during the trading session.
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