World Commodities - Oil falls 39 cents, settling at $52.62.
| Author | Kazmi, S. Kamal Hayder |
| Position | Brief article |
Byline: S. Kamal Hayder Kazmi
The oil market fell on Wednesday as a widespread economic slowdown, which may dent growth in demand for fuel, weighed on energy prices. Crude futures earlier got a boost from hopes that Japan and China would take fiscal stimulus measures to stem the slowdown. Prices got further support from expectations that U.S. crude stockpiles fell last week and official data indicated slowing growth in U.S. shale oil output in the...
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