MADRID (MarketWatch) -- Crude-oil futures fell in European trading hours on Thursday, in the wake of a hefty decline in weekly crude inventories and concern by the Federal Reserve over the economy. The Fed announced on Wednesday a $400 billion bond-swap program to help stimulate the economy, which markets had expected. In a statement, Fed officials said "there are significant downside risks to the economic outlook, including strains in global financial markets." Crude for November delivery CL1X -2.36% fell $1.82, or 2.1%, to $84.10 a barrel in electronic trading after settling $1 lower to $85.92 a barrel on the New York Mercantile Exchange.
