Oil Drops 1.1 Percent to Six-Week Low

Oil and Gas Investing

Bloomberg reported that crude oil declined after industrial production dropped since April in the U.S.

Bloomberg reported that crude oil declined after industrial production dropped since April in the U.S.

As quoted in the market news:

Prices fell 1.1 percent after Federal Reserve data showed output at factories, mines and utilities slipped 0.2 percent in November.

Click here to read the full Bloomberg report.