Oil Falls Below $107 As Syria Tension Eases

BANGKOK (AP) — The price of oil dropped today as the likelihood of an imminent U.S. attack against Syria diminished.

Benchmark crude for October delivery was down $1.03 to $106.62 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange.

The contract fell $1.15 to close at $107.65 on Friday.