Oil falls a second day on US growth, supply worry

Published May 1, 2014 7:48pm ET



The price of oil fell Thursday as the impact of slower U.S. economic growth and higher oil supplies carried over to a second day.

Benchmark U.S. crude oil for June delivery dropped 32 cents to $99.42 on the New York Mercantile Exchange. Brent crude, an international oil benchmark, slipped 31 cents to $107.76 on the ICE Futures exchange in London.

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Oil