Oil Falls

Crude oil fell on speculation heating-fuel supplies will be sufficient to meet demand as winter comes to a close in the U.S. Temperatures will be above normal across most of the country from March 13 to March 21, according to the National Weather Service.
Crude oil for April delivery fell 18 cents to $61.64 a barrel in New York. Heating oil for April delivery fell 0.61 cent to $1.7613 a gallon. Crude accounts for about half the pump price of gasoline and 60 percent of the retail cost of heating oil.