Weak demand slashes oil prices to US$61.67 a barrel - Instablogs

Weak demand slashes oil prices to US$61.67 a barrel - Instablogs

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Weak demand slashes oil prices to US$61.67 a barrel

Rahul Bhandari , Shimla: May 7 2007

Made Popular May 7 2007

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Oil prices slashed below US$62 a barrel in Asian trading amid weak crude demand, as light sweet crude for June delivery dropped 26 cents to US$61.67 a barrel in electronic trading on the New York Mercantile Exchange in Singapore. Market of crude...

Tags: Crude oil, New York Mercantile Exchange, Business

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