Monday, September 29, 2008

And this is the good news....

November crude traded at $95.39 per barrel on Globex Monday evening, down 98 cents from the New York Mercantile Exchange's closing level of $96.37. On Nymex, the contract's price had already dropped $10.52, or 9.8%, for the session. The market remained concerned about global oil demand as the Dow Jones Industrial Average dropped more than 700 points

Climate Change, Economics, Energy, Governance/Management | Permalink

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