| 13.01.2009 - Gloom over global economic performance hits oil prices |
| From Guardian: Oil prices fell by nearly two and a half dollars to reach $38.40 today amid rising gloom about future demand due to the faltering state of the global economy. The price of light US crude for February delivery was only $6 away from the five year low seen one day in December despite Middle East tensions and strong signs that OPEC is fulfilling its threat to cut output..... Full Article: Source |