Published August 19, 2015 2:43pm EDT | Updated August 19, 2015 9:22pm EDT

Oil Futures Settle With a Loss Of 4.3%

Oil futures on Wednesday suffered a loss of more than 4% after U.S. government data showed an unexpected increase in weekly crude-oil supplies. September crude dropped $1.82, or 4.3%, to settle at $40.80 a barrel on the New York Mercantile Exchange. The September contract expires on Thursday.