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Oil prices tumble below US$40 a barrel on dour economic news
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! f" @" C% v) \" R/ H( j& uBy Dirk Lammers, The Associated Press [ N8 \% @" D" O/ z4 N
) V+ [, a& Y" oOil 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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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.
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发表于 2008-12-15 22:07
