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Oil prices tumble below US$40 a barrel on dour economic news
, d/ R8 A% b1 D* u7 ~2 f/ @( yMon Dec 22, 4:00 PM* x g! l: q( u: B0 I
! K3 G j* d* y' s' h/ }3 vBy Dirk Lammers, The Associated Press
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Oil prices tumbled below US$40 a barrel Monday as reports from manufacturers like Toyota and Caterpillar pointed to a worsening global economic climate and serious deterioration in energy demand.4 }$ H0 t7 l/ ?+ \) o: X+ f
5 a8 U! b3 T( F$ [5 t7 c
Light, 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.4 P- Y) ?% d' [' g: y
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发表于 2008-12-15 22:07
