Oil Futures End At 5-week Low
Oil futures fell Wednesday to settle at their lowest level in five weeks after U.S. government data revealed its largest weekly climb for domestic crude inventories on record. The Energy Information Administration said crude supplies rose 14.4 million barrels for the week ended Oct. 28. December WTI crude fell $1.33, or 2.9%, to settle at $45.34 a barrel on the New York Mercantile Exchange. That marked the lowest settlement since Sept. 27, according to FactSet data.
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