Crude oil for June delivery has dipped to US$57.95 on the New York Mercantile Exchange, while Brent crude for June settlement fell to US$57.60 on London’s ICE Futures Europe exchange. On the last day of the previous week, oil prices spiked to six month highs to US$58.
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Monday, May 11, 2009
Oil prices dip from six month highs on reports of mounting supplies
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