Oil Falls to $91 As Data
Suggest Demand Shift
By NEIL KING JR. in Riyadh, Saudi
Arabia, and ANN DAVIS in Houston
November 14, 2007; Page A1
Early signs of an easing in global demand growth
and swings by Wall Street traders are pushing oil away from the
historic $100-a-barrel mark, at least for now.
After rising as high as $98.62 a barrel a week
ago, the benchmark oil-futures price on the New York Mercantile
Exchange hit a low of $90.13 yesterday before closing at $91.17,
a one-day drop of $3.45.
Please
click here to view the entire article
Click here to go back to the
main "Oil in the News Page" |