NEW YORK (AP) — Oil prices fell Thursday as fresh economic reports added to speculation about what steps the Federal Reserve may take to bolster the U.S. economy.
Benchmark crude lost 17 cents at $82.84 a barrel in midday trading on the New York Mercantile Exchange. Trading was volatile with the November contract set to expire Thursday.
Speculation among traders and investors is intensifying about what measures the Fed may take next month to boost the economy following two government reports that showed jobless claims rose last week for the first time in three weeks and wholesale prices edged up.
The increase in claims for unemployment benefits is a sign that employers …
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