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Oil prices tumble below US$40 a barrel on dour economic news6 n ^' o' o1 v7 D* J
Mon Dec 22, 4:00 PM
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By Dirk Lammers, The Associated Press
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" U, A# O/ A: ?9 k7 }$ n5 XOil prices tumbled below US$40 a barrel Monday as reports from manufacturers like Toyota and Caterpillar pointed to a worsening global economic climate and serious deterioration in energy demand.
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; M, L- ]9 r$ T% J4 Z! F) c- s! |% ZLight, 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.: U* N7 D, c" V3 c, P, i
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发表于 2008-12-15 22:07
