Economics

Oil May Fall on Signs of Slowing Economic Growth, Survey Shows

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Crude oil may fall next week after government reports signaled that the U.S. economic recovery will slow, reducing fuel demand, a Bloomberg News survey showed.

Thirteen of 33 analysts, or 39 percent, forecast crude oil will decline through July 23. Twelve respondents, or 36 percent, predicted that futures will be little changed and eight saw an increase. Last week 53 percent of analysts forecast a rise.