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Oil prices tumble below US$40 a barrel on dour economic news
2 U3 X- M/ c: z0 w! i# qMon Dec 22, 4:00 PM
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% ^9 {& M5 b3 I5 D6 CBy Dirk Lammers, The Associated Press
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% H( S8 c1 h6 B" B4 S7 I' [3 aOil prices tumbled below US$40 a barrel Monday as reports from manufacturers like Toyota and Caterpillar pointed to a worsening global economic climate and serious deterioration in energy demand.- h0 f3 |. V; Y' c' S3 f) F+ j/ Y
2 n/ Q0 N0 z+ _. a' H$ M" xLight, sweet crude for February delivery fell $2.45, or nearly six per cent, to settle at $39.91 a barrel on the New York Mercantile Exchange. Crude prices have tumbled 70 per cent since peaking above $147 in July.) V& h3 s6 [5 h [ X4 `
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发表于 2008-12-15 22:07
