Market Currents
Crude oil futures settle at their lowest since July 10, influenced by strong increases in U.S....
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Wednesday, November 7, 2012, 3:05 PM ETCrude oil futures settle at their lowest since July 10, influenced by strong increases in U.S. supplies of crude and gasoline. "Consumption of gasoline is down by over half a million barrels a day due to Sandy. Nothing Obama does will impact crude in the short term." But traders surely are keeping a nervous eye on a potential fiscal cliff. WTI crude -4.8% to $84.45, Brent crude -3.9% to $106.72.
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