U.S. crude oil falls below $70 a barrel, closing at the lowest level since June

Petróleo estadounidense cae por debajo de los $70

El petróleo estadounidense registró una caída del 4%, a menos de $70, el miércoles, marcando su punto más bajo desde finales de junio.  Al mismo tiempo, los precios de la gasolina caen a su nivel más bajo desde principios de año. Esta caída coincide con el inicio de la temporada de compras y viajes navideños. El West Texas Intermediate para enero experimentó un descenso de $2,94, lo que representa una caída del 4,07%, y se situó en $69,38 el bar…

US crude oil falls below $70, the lowest since June

Oil prices fell nearly 4% on Wednesday to their lowest settlements since June, as worries about global fuel demand mounted after U.S. data showed a larger-than-expected rise in gasoline inventories. Brent crude futures settled down $2.90, or 3.8%, at $74.30 a barrel. U.S. WTI crude futures fell by $2.94, or 4.1%, to $69.38 a barrel. "There is demand destruction coming in from the fuel side," said Dennis Kissler, senior vice president of trading …

U.S. oil futures fall a fifth session to settle at lowest since late June

Oil futures fell for a fifth straight session Wednesday, leading U.S. prices to settle below $70 a barrel for the first time in more than five months. “The...

U.S. oil prices slide below $70 as gasoline inventories spark fuel demand worries

U.S. crude oil slumps below $70/bbl due to concerns over weaker demand, doubts about OPEC's production cuts, and worries about China's economic health.

S&P/TSX composite down in late-morning trading, oil drops below US$70 a barrel

The S&P/TSX composite index was down 8.57 points at 20,367.36.

U.S. crude drops below $70 per barrel, gas prices fall to 11-month low

U.S. crude declined nearly 4% on Wednesday with retail gasoline prices hitting the lowest point this year ahead of the holiday shopping and travel season.