Crude futures continue to fall as demand growth stalls

摘要

New York-Front-month crude futures settled sharply lower Tuesday, setting multi-year lows, after the International Energy Agency cut its oil demand growth forecast and with key OPEC members yet to show any signs of try- ing to halt the price slide. NYMEX November crude settled $3.90 lower at $81.84/b, its lowest level since June 2012. Front-month ICE Brent closed down $2.85 at $85.04/b, a fresh low not seen since November 2010.