 鲜花( 541)  鸡蛋( 13)
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Oil prices tumble below US$40 a barrel on dour economic news
0 A6 I. o) b3 V/ CMon Dec 22, 4:00 PM
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3 {" Q0 j; T& s! GBy Dirk Lammers, The Associated Press
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; [, s3 L8 |6 O: iOil 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.! F/ U. v4 G* U" s; {9 L
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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.% \6 `3 g4 J A- `/ f, z
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