20.11.2008 - Crude oil trades near 22-month low
From Bloomberg: Crude oil fell for a fifth day, approaching $50 a barrel, as the contracting world economy increases concerns that demand for fuels will slow. U.S. fuel use during the past four weeks averaged 19.1 million barrels a day, down 7 percent from a year ago, an Energy Department report said yesterday. The MSCI Asia Pacific Index dropped for a fourth day, down 3.7 percent to 76.30. This followed a drop yesterday in the Dow Jones Industrial Average to the lowest since March 2003..... Full Article: Source
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