Oil drops 7 percent on financial turmoil

無法笑

Oil plunged $7 on Monday as investors fled to safer havens, due to turmoil in the U.S. financial system, and on early signs Hurricane Ike had spared key U.S. energy infrastructure.

U.S. crude dropped $7 to $94.18 barrel at 1135 GMT, the lowest level in seven months. U.S. oil dropped below $100 briefly on Friday for the first time since early April, and trade was open for a special session on Sunday due to Hurricane Ike.

London Brent crude fell $5.88 to $91.70 a barrel.

JKL

原帖由 無法笑 於 2008-9-15 09:04 PM 發表
Oil plunged $7 on Monday as investors fled to safer havens, due to turmoil in the U.S. financial system, and on early signs Hurricane Ike had spared key U.S. energy infrastructure.

U.S. crude ...

THANKS