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Updated from 12:44 p.m. EDT
Oil prices fell to a five-week low Tuesday as traders weighed evidence of slowing global demand against continuing production disruptions in the Gulf.
The crude contract for October delivery closed down 23 cents to $63.11 a barrel on Nymex, its sixth loss in seven sessions. The contract is more than $7 below the record high of $70.85 reached immediately after Hurricane Katrina hit the U.S. Gulf Coast.
Gasoline futures, which also fell back to pre-Katrina levels, were up 1 cent to $1.89 a gallon. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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