| 02.03.2009 - Oil falls 2 pct to below $44 on economic worries |
| From Reuters: U.S. oil fell below $44 a barrel on Monday, extending the previous session's 1 percent decline, on worries the ailing U.S. economy would further dent global growth and damage energy consumption. Comments from Iran, the second-biggest producer in the Organization of the Petroleum Exporting Countries, that the producer group was unlikely to cut production again at a meeting this month added further downward pressure on prices..... Full Article: Source |