Oil Declines as Forecast Gain in U.S. Inventories Signals Slowing Demand

Oil Declines as Forecast Gain in U.S. Inventories Signals Slowing DemandCrude oil declined for the first time in three days as the dollar rebounded against the yen and euro, reducing the appeal of raw materials as an investment.

Oil fell as much as 0.9 percent as the U.S. currency rose from its lowest level in 15 years versus the yen on concern Japanese authorities will renew action to weaken