Oil prices closed out their worst trading day of the year on Thursday as demand concerns grew amid increasing global supply. Light, sweet crude for July delivery settled down 5.7% at $57.91 a barrel, marking the biggest percentage loss since Dec. 24 and the lowest settle value since March 12. Brent, the global benchmark, fell 4.6% to $67.76 a barrel.

Source: Wall Street Journal May 23, 2019 15:45 UTC