17.11.2008 - How low can it go? Economists ponder crude oil price's bottom
From Canadianpress: A little more than four months ago, there appeared to be no end in sight to oil's spectacular run, with some calling for prices to hit US$200 a barrel. But crude has been on a steep, virtually uninterrupted downward slide since hitting a record of US$147 on July 11. Crude for December delivery closed at US$57.04 per barrel Friday on the New York Mercantile Exchange - a more than60 per cent decline from its all-time high..... Full Article: Source