Old Project Avalon Forum (ARCHIVE) - Monday 12/22/08> Oil falls nearly 6 percent! reuters.com

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giovonni

12-22-2008 09:58 PM

Monday 12/22/08> Oil falls nearly 6 percent! reuters.com

Greeting's Avalonian's,

Oil dropped nearly 6 percent to below $40 a barrel on Monday on signs the global economic malaise was slowing fuel demand further. Apparent oil consumption in China fell by 3.2 percent in November from a year ago, according to Reuters calculations, while crude imports into the world's No. 2 energy consumer dropped to the lowest level this year.

Read more;
http://www.reuters.com/article/hotSt...49B3Y620081222

Dantheman62

12-22-2008 10:23 PM

Re: Monday 12/22/08> Oil falls nearly 6 percent! reuters.com

WooHoo! that's great because I have a 7 hour drive tomorrow!

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