Following report that 2015 demand will be lower than previously thought, oil prices fall again

December 12, 2014 10:15 AM

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Following report that 2015 demand will be lower than previously thought, oil prices fall again

FILE - In this Dec. 3, 2014 file photo a sign displays the price for E-10 gasoline for $1.99 at the OnCue convenience store and gas station in Oklahoma City. With oil prices now around a five-year low, budget officials in about a half-dozen states already have begun paring back projections for a continued gusher of revenues and more could be necessary if oil prices stay at lower levels. (AP Photo/The Oklahoman, Paul B. Southerland, File) LOCAL STATIONS OUT (KFOR, KOCO, KWTV, KOKH, KAUT OUT); LOCAL WEBSITES OUT; LOCAL PRINT OUT (EDMOND SUN OUT, OKLAHOMA GAZETTE OUT) TABLOIDS OUT (The Associated Press)

LONDON – Oil prices have fallen further after the International Energy Agency lowered its forecast for global oil demand next year.

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