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Crude-oil futures fell lower Wednesday.

12/10/2014

Top Daily News

Crude-oil futures fell lower Wednesday after the U.S. government reported a surprise inventories increase.

An overage of oil due to rising U.S domestic oil production and expectations of slack demand for crude have been blamed for a long fall in crude oil prices.

The S&P 500index fell with the energy sector stocks leading the losses. Telecoms and materials stocks also fell.