Crude Oil Slips Further Down

Crude oil falls further, pounded by continued worries over euro-zone sovereign debt, the pace of U.S. economic recovery and swelling petroleum stockpiles.

Light, sweet crude oil for June delivery on the New York Mercantile Exchange settled down by 62 cents a barrel at $73.78.

London Brent North Sea delivery contracts down by 64 cents at $79.66 cents.