OPEC Cuts Demand Forecasts; Jobless Claims Fall

Nov. 6 (Bloomberg) -- Demand for crude from the Organization of Petroleum Exporting Countries may fall to a 14-year low of 28.2 million barrels a day in 2017, according to the group’s annual World Oil Outlook. In a separate report, first-time jobless claims in the U.S. dropped 10,000 to a three-week low of 278,000 in the week ended Nov. 1, the Labor Department showed today in Washington. Betty Liu and Mia Saini report on Bloomberg Television's "In the Loop." (Source: Bloomberg)