Oil Falls to 3-Week Low, Fed Puts Investors on Edge

Reuters reported that oil fell to its lowest in three weeks as demand for commodities weakened and investors are worried the United States central bank might scale back its program of putting liquidity to financial markets.

As quoted in the market news:

In Thursday’s session, oil prices fell another 2 percent, with London’s benchmark Brent crude trading as low as $113.34 a barrel and U.S. crude touching an intraday bottom of $92.63.

Click here to read the full Reuters report.