22/5/2006
Crude oil prices down slightly
Story link: Crude oil prices down slightly by Elaine Frei

Brent crude July contracts on the International Petroleum Exchange were down 37 cents on Monday to $68.31 per barrel after dropping as low as $67.63 during the day. Meanwhile, West Texas Intermediate crude on the New York Mercantile Exchange declined by 8 cents to $68.45 per barrel. Analysts were of the opinion that if prices drop below $68.20, it could mean that a further decline to just above $65 per barrel could be coming.
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