Energy Prices Fell

Tropical Storm Wilma was expected to hit closer to western Cuba, easing fears about potential damage to fuel production in the Gulf of Mexico

MARKETSCOPE : Energy prices fell early Tuesday, as investor fears eased about Tropical Storm Wilma.

Volatile November West Texas Intermediate crude oil fell 98 cents to $63.38, November heating oil futures were up 4 cents to $1.9420 cents, and November gasoline futures slipped 5 cents to $1.7635 a gallon.

Traders watched Tropical Storm Wilma closely as it churned in the Caribbean Sea. New forecast models placed the storm closer to western Cuba than Mexico's Yucatan Peninsula by Friday. The storm is currently expected to spare Gulf of Mexico fuel production facilities.

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