| From CNN: The price of oil fell Wednesday after a key inventory report highlighted concerns about waning demand and doubts emerged about the impact of the government's proposed bailout plan.
Light, sweet crude for November delivery fell $2.11 a barrel to settle at $98.53 on the New York Mercantile Exchange. The contract tumbled more than $5 a barrel shortly after the Energy Department said supplies of crude oil and gasoline unexpectedly rose last week, suggesting that demand in the U.S. remains weak..... Full Article: Source
|