At a Glance: Oil price falls near $85 per barrel
NEW YORK (AP) — The price of oil fell slightly Tuesday after the International Energy Agency predicted demand will grow at a slower pace into next year because of the sluggish global economy.
On the New York Mercantile Exchange:
Benchmark crude fell 19 cents to finish at $85.38 per barrel.
Heating oil dropped 3.84 cents to end at $2.9608 per gallon.
Gasoline futures fell 2.25 cents to finish at $2.6538 per gallon.
Natural gas rose 16.9 cents, or 4.7 percent, to end at $3.739 per 1,000 cubic feet.
On the ICE Futures exchange in London:
Brent crude fell 81 cents to finish the day at $108.26 per barrel.