Oil settled with minimal change as threats to crude supply from the Gulf of Mexico fizzled in the wake of hurricane Nicholas. Oil ended the session little changed as investors tracked U.S. dollar movements and concerns faded around Hurricane Nicholas’ threat to crude supply in the U.S. Gulf of Mexico. Futures in New York erased nearly all gains, yet still managed to close at the highest since early August on Tuesday. The dollar advanced, reducing the appeal of commodities priced in the currency. While Nicholas did not impact offshore output in the U.S. Gulf, storm-related power outages briefly shut the country’s largest gasoline pipeline that sends fuel from Houston to the Northeast. U.S. crude futures have traded near $70 a barrel for most of this month. The International Energy Agency said on Tuesday that the world will have to wait until October for additional oil supplies as output losses […]