Projo Cars Blog

Oil falls below $67 on US recession fears

2:16 PM Wed, Oct 22, 2008 |
Peter C. T. Elsworth    Email

NEW YORK -- Oil prices tumbled below $67 a barrel to 16-month lows Wednesday after the government reported big increases in U.S. fuel supplies - more evidence that the economic downturn is drying up energy demand, according to The Associated Press.

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