Dollar helps hold down increase; drilling platform evacuations possible
Oil prices swung highter tuesday as hurricane gustav struckhaiti,raising concerns that the storm could slam into majoroiloperations in the gulf of mexico.
However, the price rise was tempered by a stronger dollaranda report from the energy department showing even slower fueldemandthan many traders thought.
After dropping as low as $ 112.36 per barrel in overnighttrading,light, sweet crude for October delivery ended the day up$1.16 tosettle at $ 116.27 a barrel on the New YorkMercantileExchange.