Thursday, November 20, 2008

Oil Below $50

I bet you never thought you would see oil at lower than $50 a barrel again did you. Don't party yet - or party but do it quick. Oil is bound to go back up once OPEC meets.
clipped from www.cnbc.com

Oil prices tumbled to a three-and-a-half year low below $49 a barrel on Friday, nearing a $100 drop from its July record high, as more distress for the global economy threatened to eat further into demand for fuels.

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