Daily Oil Market News
 
Daily Oil Prices & Futures News on the Blackstuff
Saturday 11th of October 2008
20/3/2006

Crude oil prices decline

Story link: Crude oil prices decline by Elaine Frei
Crude oil prices decline

Despite continuing worries about supply disruptions in Nigeria after a new attack on a pipeline there, crude oil prices were down as US crude inventories were close to seven-year highs.  In late afternoon trade on the International Petroleum Exchange in London, Brent crude May contracts dropped $1 to $62.26 per barrel, while West Texas Intermediate crude on the New York Mercantile Exchange lost $1.47 to $61.30 per barrel in early afternoon trade.  With the April contract due to expire at the end of the day on Tuesday, May WTI was down $1.20 to $63.00 per barrel.

 

Add to Bookmarks:

ADD TO NETSCAPE     ADD TO DEL.ICIO.US     ADD TO DIGG     ADD TO FURL

ADD TO STUMBLEUPON     ADD TO YAHOO MYWEB     ADD TO GOOGLE     ADD TO SPURL


Related news to Crude oil prices decline







No Comments

No comments yet.

Sorry, the comment form is closed at this time.


Previous: « Crude oil gains on week
Next: Crude oil prices mixed »

Visited 793 times, 1 so far today