Crude Oil Futures Drop Because Of Strong Gasoline Supply

Oil Prices continued to fall after the Energy Department reported an increase in Crude Oil and Gasoline Supply. Crude Oil Supplies increased by 800,000 barrels, while Gasoline Supplies grew by 1.6 million barrels.

In the New York Mercantile Exchange, the Price for Crude oil in December went down 1.8% to $78.13 a barrel.