Crude edges lower

NEW YORK (AP) -- Oil prices have slipped today, as investors weigh a strengthening dollar, reported declines in fuel inventories and OPEC's decision to trim excess production.

Light, sweet crude for October delivery fell $1.11 to $102.15 a barrel on the New York Mercantile Exchange. Analysts are watching to see whether oil goes below the $100-a-barrel level.

At the pump, auto club AAA says the average retail price unleaded gasoline was just below $3.67 a gallon.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


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