Friday, January 09, 2009

Crude oil prices fall on report that points to demand slowdown on economic weakness

Oil prices have dipped further on release of a report that points to signs of economic weakness signaled a slowdown in demand. US crude for February delivery have dropped to US$41.70. Prices fell by aalmost $6 on Wednesday, when a report revealed larger-than-expected supply buildup.

For more details on Crude oil prices fall on report that points to demand slowdown on economic weakness click here

No comments:

Post a Comment