Oil ends lower, ending brief rally

Oil ends lower, ending brief rally

Oil prices trimmed some early losses, but still ended lower Tuesday, after rising steadily since the end of last week. A stronger dollar and concerns about rising crude inventories pushed oil prices down.

Here’s a breakdown of how energy prices traded Tuesday:

On the New York Mercantile Exchange:

Crude: fell 38 cents to settle at $81.49 a barrel.

Gasoline: lost 2.89 cents to settle at $2.2603 a gallon.

Heating oil: dropped 1.57 cents to settle at $2.0898 a gallon.

Natural gas: gave up 1.1 cents to settle at $4.516 per 1,000 cubic feet.

On the ICE futures exchange:

Brent crude: fell 56 cents to settle at $79.91.