Crude oil falls more than $3

Posted by admin on February 23rd, 2010 and filed under crude oil production | 4 Comments »

The selloff came after the International Energy Agency lowered its estimate for worldwide oil demand. Also pushing down crude prices Tuesday: a key OPEC member left open the possibility that the oil cartel will increase output to curb rising prices. Anytime Saudi Arabia’s oil minister makes such a pronouncement, it has an immediate impact in the NYMEX trading pits. Jon Decker reports.

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4 Responses

  1. TRADINGSUPPORT Says:

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  2. jjcjammer Says:

    @ 1.85 a gallon, I …
    @ 1.85 a gallon, I can afford it bitch!!!!

  3. ohhimelectrikk Says:

    you’ll start caring …
    you’ll start caring when you cant afford to pay for gas stop being ignorant

  4. dave98503 Says:

    Who gives a flying …
    Who gives a flying rats ass.

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