Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Oil down $1 to below $58
Reuters ^ | October 18, 2006

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 ...


TOPICS: Business/Economy
KEYWORDS: energy; oil; oilenergy

It's all a George Bush conspiracy(claire maccaskill-D, Senate candidate, MO)

1 posted on 10/18/2006 12:49:13 PM PDT by Dane
[ Post Reply | Private Reply | View Replies]

To: Dane

IBRYMB


2 posted on 10/18/2006 12:50:06 PM PDT by Signalman
[ Post Reply | Private Reply | To 1 | View Replies]

To: Dane

Meanwhile gasoline prices at the pump rose due to a report that a Saudi Prince stumped his toe on a rock yesterday.


3 posted on 10/18/2006 12:51:22 PM PDT by AxelPaulsenJr (Keep your friends close and your enemies closer.)
[ Post Reply | Private Reply | To 1 | View Replies]

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.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson