U.S. Crude Finishes Down 1%

U.S. crude futures fell on Thursday, ending back below the 200-day moving average, as a rally on hopes for more stimulus from the U.S. Federal Reserve ran out of steam.

U.S. October crude fell 99 cents, or 1.02 percent, to settle at $96.27 a barrel, closing back below the 200-day moving average after reaching a three-month peak at $98.29. (Reporting by Robert Gibbons; editing by John Wallace)