Crude continues to plunge in worsening economy
2:18 PM Thu, Dec 18, 2008 | Permalink
Email
 |
 |
Projo Cars Blog |
|
Oil continued its downward march Thursday as mass layoffs pushed the U.S. economy deeper into recession, signaling a drastic pullback on energy spending, according to The Associated Press. Light, sweet crude for February delivery, fell $1.07 to $43.54 barrel on the New York Mercantile Exchange. The January contract, which closes on Friday, fell $1.42 to $38.64 after dropping as low as $37.68, levels last seen in the summer of 2004. 
|
|
|||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||
New comments
New photos
New posts
Projo blogs
Archives
Leave a comment