After plunging nearly 5% the previous day, oil prices continue to fall in early trade on Thursday. The price fall was triggered by unexpectedly strong US stockpiles. This has eased the fears of summertime shortages when Americans take to the roads in greater numbers.
US light crude was trading at $51.29 in Asian trade on Thursday. Brent crude, the industry's other benchmark, was trading at $51.75 early on Thursday.
28-Apr-05 
