Slide / News
2008-07-16
Oil prices resume slide, fall sharply
Found on 2008-07-16, via Yahoo! News
Oil prices tumbled Wednesday, extending a steep and unusually volatile slide into a second day, after the government reported a surprising spike in U.S. crude and gasoline supplies.Light, sweet crude for August delivery dropped $4.50 to $134.24 a barrel in morning trading on the New York Mercantile Exchange. Prices fell $6.44 Tuesday in the biggest one-day drop in dollar terms since the Gulf ......Click Here to Read the Full Post
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