Crude oil dips to US$40 as data points to weakening economies

12-Jan-09
Data pointing to weaker economies continues to indiacte eroding demand, plunging crude oil prices to US$40/barrel on the New York Mercantile Exchange. Despite the latest OPEC production cut that came into effect on the firs day of the year, crude oil prices have dipped, and so have heating oil prices to US$1.488/gallon.
  More News  Post Your Comment
{{comment.Name}} made a post.
{{comment.DateTimeStampDisplay}}

{{comment.Comments}}

COMMENTS

0

There are no comments to display. Be the first one to comment!

*

Name Required.

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.
*

Message Required.

Click to Change image  Refresh Captcha