Energy in America

Oil falls 2% on rising US output, global demand concern

Oil prices fell 2 percent on Tuesday, headed for a third straight daily decline, on forecasts for rising U.S. crude output and a gloomier outlook for global demand growth in a report from the International Energy Agency (IEA).

Oil falls 2% on rising US output, global demand concern

Oil prices fell 2 percent on Tuesday, headed for a third straight daily decline, on forecasts for rising U.S. crude output and a gloomier outlook for global demand growth in a report from the International Energy Agency (IEA).

Business Highlights

___ Oil prices are up now, but surge might be short-term The price of oil has risen by about one-third since the summer, but many experts think the surge won't last.

Business Highlights

___ Oil prices are up now, but surge might be short-term The price of oil has risen by about one-third since the summer, but many experts think the surge won't last.