NEW YORK, Nov. 8 (Xinhua) -- Crude oil futures closed a volatile session lower Thursday after Federal Reserve Chairman Ben Bernanke issued a warning about economic growth.
Light, sweet crude for December delivery fell 91 cents to settle at 95.46 dollars a barrel Thursday on the New York Mercantile Exchange.
Crude oil rose in early trading after a storm forced Conoco Phillips and BP Plc to shut 220,000 barrels a day of production in the North Sea.
Testifying before Joint Economic Committee of the U.S. Congress, Bernanke said the U.S. economy is likely to slow noticeably this quarter.
The warning sent oil prices down amid investors' worry on demand for oil and gasoline.
Light, sweet crude for December delivery fell 91 cents to settle at 95.46 dollars a barrel Thursday on the New York Mercantile Exchange.
Crude oil rose in early trading after a storm forced Conoco Phillips and BP Plc to shut 220,000 barrels a day of production in the North Sea.
Testifying before Joint Economic Committee of the U.S. Congress, Bernanke said the U.S. economy is likely to slow noticeably this quarter.
The warning sent oil prices down amid investors' worry on demand for oil and gasoline.
