Oil Prices Drop Below $49 Amid Higher...
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Oil Prices Drop Below $49 Amid Higher...

London : United Kingdom | Oct 04, 2012 at 7:23 AM PDT
Source: Arab News
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May 2005 World oil prices fell heavily below $49 a barrel yesterday in response to data showing high levels of US crude inventories amid easing demand in energy-hungry China and the United States. New York's main contract, light sweet crude for delivery in June, slid 1.85 dollars to $48.60 per barrel... FULL ARTICLE AT Arab News
 
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