The price of oil fell to a five-month low Tuesday. Traders anticipated another increase in U.S. crude supplies for the week ending Nov. 8, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos. That would mark the eighth straight weekly increase.
Crude oil for December delivery fell $2.10, or 2.2 percent, to close at $93.04 a barrel in New York.
In other energy trading, wholesale gasoline lost 1 cent to $2.59 a gallon, heating oil slipped 4 cents to $2.85 a gallon and natural gas advanced 4 cents to $3.62 per 1,000 cubic feet.
Gold, silver and copper prices fell.
December gold fell $9.90 to $1,271.20 an ounce.
Silver for December delivery fell 50.4 cents to $20.778 an ounce, January platinum rose $7.20 to $1,439.60 an ounce and December palladium fell $12.20 to $752.35 an ounce. December high-grade copper fell 2.55 cents to $3.234 a pound.
Crop prices were mixed.
Corn for December delivery fell 2.5 cents to $4.3225 a bushel.
January soybeans rose 13.5 cents to $13.145 a bushel, and December wheat fell a penny to $6.4525 a bushel.