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Oil prices fall with global stock markets

Columbus : OH : USA | about 1 month ago
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  • Saudi-owned crude oil supertanker Sirius Star is seen during its naming ceremony in South Korea
    Saudi-owned crude oil supertanker Sirius Star is seen during its ...
    Source: Reuters
Saudi-owned crude oil supertanker Sirius Star is seen during its ...
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Oil slipped below $54 a barrel Wednesday as stock markets across the globe fell and yet another U.S. government report showed how badly the housing market has been hit. Governments, businesses and consumers cut back on energy use when the economy slows and crude prices reflected those perceptions....

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