OIL FUTURES: Crude Settles Down For 7th Day On Oversupply - Wall Street Journal

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NEW YORK (Dow Jones)--Crude oil futures prices closed weaker for a seventh straight day, ending at a two-month low Thursday amid renewed worries over oil supplies outstripping demand. Light, sweet crude oil for January delivery on the New York Mercantile Exchange settled down 13 cents, or 0.2%, at $70.54 a barrel, after trading in a range of $69.81 to $71.39 a barrel. The settlement price was the lowest since Oct. 7, while the intraday low was the weakest since Oct. 8. On the ICE, January North Sea Brent crude oil ...

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