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Fox News: Oil Settles At 4 1/2-Year Low Despite Steep Production Cut

Started by riky, December 18, 2008, 10:02:27 PM

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riky

Oil Settles At 4 1/2-Year Low Despite Steep Production Cut
     


Oil prices plunged Thursday as renewed signs of demand destruction coupled with more signs of economic deterioration overshadowed an attempt by the Organization of Petroleum Exporting Countries to put a floor under plunging energy prices.<img src="You are not allowed to view links. Register or Login" height="1" width="1"/><img src="You are not allowed to view links. Register or Login" height="1" width="1"/>
     

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