U.S. crude futures settle lower on demand concerns
The dollar's bounce off its lows also helped crude futures retreat after U.S. GDP data showed a contraction in the third quarter, even though the contraction was not as bad as Wall Street had expected.
On the New York Mercantile Exchange, December crude fell $1.54, or 2.28 percent, to settle at $65.96 a barrel, trading from $64.04 to $70.60.
(Reporting by Robert Gibbons)