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Oil prices tumble below US$40 a barrel on dour economic news
: z" B! h! i8 s! _8 GMon Dec 22, 4:00 PM4 ~1 F; T4 M/ i4 c
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By 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.
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9 n7 P, g! Q& p0 NLight, 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 $147 in July.
' `* w/ ?3 W& ?7 n3 \2 Z$ ]! [9 P+ |2 p" j7 w) ~4 K
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发表于 2008-12-15 22:07
