Adds details on oil prices, company's natural gas realizations from paragraph 2
Jan 10 (Reuters) - U.S. shale producer Occidental Petroleum OXY.N said the prices received for oil production during the fourth quarter were lower than the preceding three months, as global demand for the commodity weakened.
Crude prices LCoc1 declined about 6% in the quarter ended Dec. 31 from the prior three months, and fell nearly 12% from a year ago.
Occidental said its realized price was $69.73 a barrel, compared with $75.33 per barrel during the third quarter.
However, the producer reported higher prices for its total natural gas output, amid a 30% rise in U.S. natural gas prices NGc1.
For the fourth quarter, Occidental's average realized prices were $1.41 per thousand cubic feet (Mcf) for its total natural gas production. In the preceding quarter, it was 70 cents per Mcf.
(Reporting by Vallari Srivastava in Bengaluru; Editing by Tasim Zahid and Devika Syamnath)
((Srivastava.Vallari@thomsonreuters.com;))
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