Benchmark U.S. crude oil for January delivery fell $2.94 to $69.38 per barrel Wednesday. Brent crude for February delivery fell $2.90 to $74.30 per barrel.
Wholesale gasoline for January delivery fell 8 cents to $2.03 a gallon. January heating oil fell 6 cents to $2.58 a gallon. January natural gas fell 14 cents to $2.57 per 1,000 cubic feet.