Oil prices fall below US$90 ahead of US Fed decision on key interest rate

By Pete Southern in Gold and Oil News | October 31, 2007 11:00 |

Oil prices fall below US$90 ahead of US Fed decision on key interest rate
SINGAPORE (AP): Oil prices dropped below US$90 a barrelWednesday in Asia ahead of the U.S. central bank’s impending decision on its key interest rate.Light, sweet crude for December delivery fell 68 cents to US$89.70 a barrel in Asian electronic trading
Source: c.moreover.com

OPEC crude price cracks US$85 mark
VIENNA — Oil prices continued to climb to new record highs as the price for crudes produced by the Organization of Petroleum Exporting Countries (OPEC) rose above US$85 for the first time, the Vienna-based OPEC secretariat said Tuesday. A barrel (159
Source: c.moreover.com

Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



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