Published March 12, 2015 2:43pm EDT | Updated May 21, 2015 1:25pm EDT

Oil Futures Settle At Lowest Since Late January

Oil futures settled on Thursday at their lowest level in six weeks as growing supplies of crude in the U.S. continued to pressure prices. April crude fell $1.12, or 2.3%, to settle at $47.05 a barrel on the New York Mercantile Exchange.