Oil futures fell on Wednesday, with a second straight weekly climb in domestic crude inventories and growing concerns about a slowdown in the global economy prompting U.S. prices to post their first decline in five sessions. September West Texas Intermediate oil lost $1.87, or 3.3%, to settle at $55.23 a barrel on the New York Mercantile Exchange. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Latest posts by Market Watch (see all)
- The Margin: How to grow your Twitter following from 400 to 75,000 in one weekend: Get into a feud with Mike Huckabee - December 9, 2019
- As Fed chairman, Paul Volcker made everyone mad - December 9, 2019
- Market Snapshot: Stocks lower, still within striking distance of records as trade deadline looms - December 9, 2019