UPDATED 16:56 PM EST, November 26, 2012
Oil prices closed lower by 54 cents at $87.74 on the New York Mercantile Exchange.
Oil prices tend to fall when there are worries that slow economic growth will hurt demand.
Prices are also down for other petroleum products. And AAA says gasoline prices at the pump fell a fraction of a penny to $3.423 per gallon.
Volume was low after the Thanksgiving holiday weekend.
