LONDON -- Crude-oil futures fell more than $3 to new 13-month lows in European trade Wednesday as fears over the impact of slowing economic growth on crude demand pressured prices.
Nymex light, sweet crude dropped just over $3 to below $76 a barrel for the first time since Sept. 10 last year, on its way to an intra-day low of $75.17 a barrel, its cheapest since Sept. 5, 2007. ICE Brent dropped more than $3 to $71.23 a barrel, its lowest level since Aug. 28 last year.
With the oil price bounce that followed a series of governmental banking sector ...
