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Oil prices tumble below US$40 a barrel on dour economic news6 D3 u3 _5 p% P. O; t/ V5 v% t
Mon Dec 22, 4:00 PM8 s8 C( l" S( _4 m
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By Dirk Lammers, The Associated Press& s4 h5 \5 t3 z' w& @
$ N+ u$ L: J1 mOil 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 2008-12-14 18:20
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发表于 2008-12-15 22:07
