Oil futures settle below $87/bbl for the first time since mid-July, -2.2% to $86.67, as a...

|By:, SA News Editor

Oil futures settle below $87/bbl for the first time since mid-July, -2.2% to $86.67, as a stronger dollar and weakness in the broader market pressured prices. Also, the restart of the Keystone pipeline eased supply concerns. Energy stocks (XLE) fall hard, -2.1% vs. broader S&P -1.1%. However, natural gas rebounded, perhaps on expectations for colder weather or simply a bounce off yesterday's big drop.