Posted on 10/18/2006 12:49:11 PM PDT by Dane
By Randy Fabi
LONDON (Reuters) - Oil fell 2 percent to below $58 a barrel on Wednesday as a larger-than-expected rise in U.S. crude stocks offset a likely OPEC output cut.
U.S. light crude for November were down $1.18 to $57.75 a barrel by 1754 GMT, adding to losses of $1.01 the previous session.
(Excerpt) Read more at today.reuters.com ...

It's all a George Bush conspiracy(claire maccaskill-D, Senate candidate, MO)
IBRYMB
Meanwhile gasoline prices at the pump rose due to a report that a Saudi Prince stumped his toe on a rock yesterday.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.