Oil Prices Ease After Rally

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Crude oil prices eased Tuesday after a robust rally a day earlier amid concerns about oil supplies as refinery damage by Hurricane Rita is being assessed.


Light sweet crude for November delivery on the New York Mercantile Exchange fell 60 cents to $65.22 a barrel in electronic trading by midday in Europe. Heating oil, a main worry as the Northern Hemisphere winter approaches, fell 3.5 cents to $2.0235 a gallon. Gasoline slipped 2 cents to $2.1110 a gallon. On Londonss International Petroleum Exchange, November Brent futures fell 56 cents to $63.37 a barrel.


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