OIL FUTURES: Oil Ends Lower On Weak US Economic Data - Wall Street Journal

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NEW YORK (Dow Jones)--Oil futures prices fell to almost $100 a barrel Wednesday, after disappointing readings on U.S. manufacturing and employment levels spurred concerns about oil demand.

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Light, sweet crude for July delivery settled down $2.41, or 2.4%, to $100.29 a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange, which has traded above $100 a barrel since February, settled down $2.20, or 1.9%, to $114.53 a barrel. Crude ended lower after the ISM manufacturing index fell short of expectations, indicating growth in the energy-intensive manufacturing sector has not been as fast as economists expected. ...

OIL FUTURES: Oil Ends Lower On Weak US Economic Data - Wall Street Journal

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