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Oil prices tumble below US$40 a barrel on dour economic news3 T a1 j% z& k g) ]8 X2 ]# }, |
Mon Dec 22, 4:00 PM
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" j* m+ V4 s2 } ?* g+ hBy Dirk Lammers, The Associated Press
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4 y) D8 E2 c4 f$ ~# nOil 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.1 t% Y8 w( I# w# y 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.
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发表于 2008-12-15 22:07
