Crude oil prices recover after a two dollar drop

11-Aug-06
Crude oil prices recovered partially from a drop of more than $2 a barrel. This drop was triggered by expectations of lower jet fuel demand and weaker consumer confidence on news of aborted airplane attacks in Britain. The thwarted attacks have caused European carriers to cancel flights to Britain where airports experienced massive delays. There were delays in the United States as security heightened. Light, sweet crude for September delivery stood at US$74.24 in midmorning Asian electronic trading on the New York Mercantile Exchange.
  More News  Post Your Comment

Previous News

Next News

COMMENTS

0

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

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

*

Name Required.

*

Please enter Company Name.

*

Please Select Country.

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

Message Required.

Click to Change image  Refresh Captcha
200 ton Van Dorn high speed injection molding machine

200 ton Van Dorn high speed injection molding machine