Oil Slumps Toward $40 in London With Demand Outlook Souring
Workers use a bucket to collect a sample of crude oil at a multiple well platform in an oilfield in Russia. (Photographer: Andrey Rudakov/Bloomberg)

Oil Slumps Toward $40 in London With Demand Outlook Souring

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(Bloomberg) -- Oil fell to its lowest intraday level since June as signs of faltering demand continue to depress prices and a slump in equities soured market sentiment.