It has been reported that a rally in crude oil prices slipped Tuesday, as equity markets in Asia and Europe turned south, pulling the price of crude to less than $76 a barrel.

According to the reports, equities made strong gains Monday after European leaders announced a $957 billion package to shore up the euro. But investor confidence waned quickly. The Nikkei 225 index in Japan dropped 1.14 percent Tuesday. Stocks, in midday trading, were down in Germany, Britain and France.

Falling late in the day on concerns China may react to recent inflation figures by putting the brakes on growth, U. S. markets closed mixed.

June delivery crude oil prices dropped 91 cents from a prior settlement to $75.89 per barrel.

It has been reported that heating oil futures for June added 0.0098 cents to $2.13 per gallon.

Reformulated gasoline blend-stock prices rose 0.0124 cents to $2.185 per gallon.

Loosing 0.021 cents, Henry Hub natural gas futures went down to $4.149 per million British thermal units.

According to reports of AAA, at the pump, the national average price for unleaded gasoline dropped to $2.901 per gallon Tuesday from Monday's $2.908. (With Inputs from Agencies)