NEW YORK, Nov. 13 (Xinhua) -- U.S. crude-oil futures fell for a second consecutive day on Tuesday, closing at their lowest price in nearly two weeks.
The prices fell sharply after the International Energy Agency cut its estimate of global oil demand and a survey showed the Organization of Petroleum Exporting Countries increased crude production in October.
December crude-oil futures closed down 3.45 dollars at 91.17 dollars a barrel on the New York Mercantile Exchange, the lowest close since Oct. 31.
The prices fell sharply after the International Energy Agency cut its estimate of global oil demand and a survey showed the Organization of Petroleum Exporting Countries increased crude production in October.
December crude-oil futures closed down 3.45 dollars at 91.17 dollars a barrel on the New York Mercantile Exchange, the lowest close since Oct. 31.
