Monday, January 05, 2009

Oil prices scale down by 8% on first day of 2009

Oil prices dropped on the first day of 2009, after spiking by almost 14% on the last trading day of 2008. Release of weekly US data on the last day of 2008 showed a decrease in refinery activity and aan unexpected 500,000 barrel rise in crude stocks.

For more details on Oil prices scale down by 8% on first day of 2009 click here

Related Posts by Categories



Read daily plastics industry news at Plastemart.com

0 comments: