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Join Date: 27 Apr 2010
Location:  KuwaitPosts: 303 |
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Oil falls near $68 to 8-month low on Europe fears |
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Oil prices fell to near $68 a barrel Wednesday, extending losses to an eight-month low as mixed U.S. crude supply figures failed to stem a two week sell-off.
By early afternoon in Europe, benchmark crude for June delivery was down $1.23 to $68.18 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell 54 cents to settle at $69.41 on Tuesday. |
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