Oil drops 5 percent as forecasters slash demand outlook
NEW YORK (Reuters) - Oil fell 5 percent to $56 a barrel on Wednesday as the U.S. government hacked its global demand growth forecast again due to the slumping global economy.</p><div class="feedflare">
<img src="http://feedproxy.google.com/~f/reuters/businessNews?d=41" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=cWkCUPhx) <img src="http://feedproxy.google.com/~f/reuters/businessNews?i=49RugmKd" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=49RugmKd) <img src="http://feedproxy.google.com/~f/reuters/businessNews?i=xTPz6Efl" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=xTPz6Efl)
</div><img src="http://feedproxy.google.com/~r/reuters/businessNews/~4/BovQ4A2rMjc" height="1" width="1"/>
http://feeds.reuters.com/~r/reuters/businessNews/~3/BovQ4A2rMjc/idUSTRE49B3Y620081112