NEW YORK (AP) - Crude oil on the futures market briefly sank below the $100-a-barrel Friday for the first time in five months-suggesting investors believe a worsening global economy will continue to drive down demand for some time in the United States and elsewhere.
The last time crude traded below $100 a barrel was on April 2.
Friday, September 12, 2008
Amazing what a strengthening dollar will do.
Posted by traderrob at 12:10 PM