Investor's Business Daily - U.S. crude fell 62 cents to $96 a barrel, reversing an earlier gain, on fears that slower U.S. economic growth will curb demand for oil in the world's top consumer. Crude prices hit an intraday high of $97.92 due to falling U.S. supplies, a weaker dollar and geopolitical tensions.
Friday, December 28, 2007
Economy - Friday (Investor's Business Daily)
Investor's Business Daily - U.S. crude fell 62 cents to $96 a barrel, reversing an earlier gain, on fears that slower U.S. economic growth will curb demand for oil in the world's top consumer. Crude prices hit an intraday high of $97.92 due to falling U.S. supplies, a weaker dollar and geopolitical tensions.
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