Pekah
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Joined: 01 Jan 1970
Posts: 12178
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 Posted: Fri Nov 28, 2008 7:52 pm Post subject: Oil drops 5 percent on demand slump |
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NEW YORK (Reuters) - Oil dropped more than 5 percent to below $52 a barrel on Friday on demand concerns and signs OPEC would defer cutting production when it meets this weekend.<div class="feedflare">
<a href="http://feeds.reuters.com/~f/reuters/topNews?a=1T7dZc1w"><img src="http://feedproxy.google.com/~f/reuters/topNews?d=41" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/topNews?a=Qx2gAXgp"><img src="http://feedproxy.google.com/~f/reuters/topNews?i=Qx2gAXgp" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/topNews?a=NmefQ84g"><img src="http://feedproxy.google.com/~f/reuters/topNews?i=NmefQ84g" border="0"></img></a>
</div><img src="http://feedproxy.google.com/~r/reuters/topNews/~4/6aE6hs0386M" height="1" width="1"/>
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