Fri, 26 Oct 2012 13:09:47 GMT
Oil lower on supply, U.S. economic growth
On Friday, oil was traded lower and was likely to witness the biggest week decline in a month, amid speculation that growth of the U.S. economy would not boost demand, and an increase in stockpiles. On the NYMEX, December delivery futures for light sweet crude were traded at $85.56 at 12:47 a.m. in London, which was a 0.58% fall for