12-22-2008, 09:58 PM
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Avalon Senior Member
Join Date: Sep 2008
Location: within my heart
Posts: 1,209
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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
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