Oil Falls the Most in Six Weeks on Signals Growth Will Slow

Crude oil fell the most in six weeks on signals that economic growth is slowing in the U.S. and China, the world’s biggest energy-consuming countries.

Oil slipped 2.8 percent after China’s industrial output grew by the least in 11 months and the Federal Reserve said the U.S. recovery is decelerating. Futures extended declines after the U.S. Energy Department reported that fuel inventories climbed more than forecast last week.