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Updated from 1:22 p.m. EDT
Crude futures eased Tuesday as traders debated whether political tensions in the Middle East were fully accounted in oil prices. An Energy Department report showing slower growth in Chinese demand contributed to the selling.
After reaching a record high of $63.99 yesterday, oil for September delivery closed down 87 cents to $63.07 Tuesday on Nymex. Gasoline futures fell 3 cents to $1.83.
Oil prices surged Monday after the U.S. Embassy in Saudi Arabia closed due to terror threats. The embassy and U.S. consular offices remain closed for a second day Tuesday. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,379.53 | 1,104.18 | 2,190.09 | 34.83 |
Oil *
77.74
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|
UP
13.38
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UP
4.26
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UP
16.95
|
UP
1.03
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10 Yr
3.48%
SPDR Gold
112.91
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+0.13%
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+0.39%
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+0.78%
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+3.05%
|
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