Oil prices took a tumble on Thursday settling well below the USD50/bbl mark, and while the falls in other commodities was not so sharp, the movement was still downwards.
Oil prices dropped sharply on Thursday to settle below USD 50 a barrel, on falling demand, a strengthening dollar and healthy stockpiles in the US. In New York, crude dropped 1.91 to settle at 48.54, while in London the June contract at the IPE fell 1.73 to settle at 48.34.Analyst disagree over the long-term prospects of oil prices. Some said the prospects were bearish; The US Energy Inf
Freitag, 13.05.2005, 09:30 Uhr
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