Posts Tagged ‘Oil prices drop 40%’

Worldwide oil prices drop 40% pump prices increase by over 40%

Oil prices plummeted on Tuesday in Asia, falling briefly below $92 a barrel as investors feared the U.S. credit crisis that brought down brokerage giant Lehman Brothers will drag on global economic growth and restrain demand for crude. Light, sweet crude for October delivery tumbled $3.59 to $92.12 a barrel in electronic trading on the […]

image image image