Tuesday, November 15, 2005

Crude Oil Futures under $58.00

From Bloomberg:
Crude oil for December delivery fell 9 cents to $57.60 a barrel on the New York Mercantile Exchange at 2:31 p.m. London time, after falling as low as $57.18. Last week it dropped to $56.93, the lowest since July 21. Brent crude for December earlier today tumbled as much as 73 cents, or 1.3 percent, to $54 on the ICE Futures exchange, the lowest price since June 15.


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