At a Glance: Oil price stays above $85 per barrel

At a Glance: Price of oil falls slightly but stays above $85 per barrel on economic worries

Associated Press

NEW YORK (AP) -- The price of oil fell Monday as global economic news took a back seat to uncertainty about the looming fiscal cliff in the U.S.

On the New York Mercantile Exchange:

Benchmark crude fell 50 cents to finish at $85.57 per barrel.

Heating oil dropped less than a penny to end at $2.9992 per gallon.

Gasoline futures fell 2.29 cents to finish at $2.6763 per gallon.

Natural gas rose 6.7 cents to end at $3.57 per 1,000 cubic feet.

On the ICE Futures exchange in London:

Brent crude fell 33 cents to finish the day at $109.07 per barrel.

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