Home Page : Archive News : August 2011 News : Oil Dives Lower on Global Slowdown Concerns | |
Oil Dives Lower on Global Slowdown Concerns | |
August 08, 2011 Brent crude plunged to a six-month trough below $99 a barrel on Tuesday in a two-session drop of more than $10, and U.S. crude fell to a 10-month low after a U.S. credit downgrade intensified fears about a global slowdown in demand for resources. Source: http://www.cnbc.com/id/44066980?__source=RSS*tag*&par=RSS |