A barrel of light, sweet crude for December delivery dipped to US$63.25 on the New York Mercantile Exchange. As recession in USA seems imminent and demand from China fails to lift, oil prices have dippped after spiking past US$69 in Asian trade on Monday.
For more details on US recession imminent, demand from China fails to lift - oil dips to US$63 click here
Tuesday, November 04, 2008
US recession imminent, demand from China fails to lift - oil dips to US$63
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment