Benchmark US crude for January deliveries fell $3.05 to $76.93 a barrel on Monday. Brent crude for February deliveries fell $2.89 to $82.68 a barrel.
Wholesale gasoline for delivery in January fell 8 cents to $2.20 a gallon. Heating oil fell 17 cents to $3 a gallon in January. Natural gas fell 70 cents in January to $5.58 per 1,000 cubic feet.