| 06.06.2012 - Oil slides on demand worries |
| Oil prices continued to remain low on Tuesday due to expectations of falling demand. That followed another round of poor economic data from the eurozone, with services and manufacturing output contracting in May. At the same time the International Energy Agency warned that the cost of crude – though well off its peak in March of more than $128 a barrel – is still high enough to be a threat to the global economy...............................................Full Article: Source |