Published April 21, 2015 2:43pm EDT | Updated May 21, 2015 1:31pm EDT

Oil Ends Lower With The Market Expecting Another Rise In Supplies

Oil futures settled with a loss on Tuesday, pressured by expectations for another weekly increase in U.S. crude supplies. The expiration of the May contracts at the close exacerbated the move. May crude settled at $55.26 a barrel, down $1.12, or 2%, on the New York Mercantile Exchange. June crude , which is now the front-month contract, fell $1.27, or 2.2%, to end at $56.61 a barrel.