Oil prices took a pounding after a leading industry group reduced its global oil demand forecasts. (Richard Drew, File/Associated Press)NEW YORK — U.S. stocks are skidding Tuesday after the International Energy Agency said it expects slower growth in demand for oil this year. OIL: Crude prices fell Tuesday after the Paris-based International Energy Agency said it believes global demand for oil will grow by 1.3 million barrels a day in 2016. Brent crude, the benchmark for international oil prices, slid $1.02, or 2.1 percent, to $47.30 a barrel in London. BONDS, CURRENCIES: U.S. government bond prices fell.

Source: Washington Post September 13, 2016 04:53 UTC