Oil slides to 5-week low ahead of OPEC meeting

By Pete Southern in Gold and Oil News | December 3, 2007 15:00 |

Oil slides to 5-week low ahead of OPEC meeting
SINGAPORE (Reuters) – Oil prices retreated from an early spurt on Monday to slump to a 5-week low below $88 a barrel ahead of an OPEC meeting this week. By 1110 GMT U.S. light, sweet crude for January delivery was down $1.04 at $87.67 a barrel, near an
Source: c.moreover.com

Oil Slides to 5-Week Low Ahead of OPEC Meeting
Oil prices retreated from an early spurt on Monday to slump to a 5-week low below $88 a barrel ahead of an OPEC meeting this week. U.S. light, sweet crude for January delivery was down, near an intraday low of $87.47, its weakest since October 25. London
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.



Most Popular Content

Currency Articles - May 22, 2019 15:21 - 0 Comments

The Pound is in Freefall – When Will It Stop?

More In Currency Articles


Gold and Oil News - Mar 30, 2024 10:37 - 0 Comments

Gold Flying and Making New All Time Highs

More In Gold and Oil News


Shares and Markets - Oct 14, 2023 19:01 - 0 Comments

U.S. Stock Indices: A Dance Between Optimism and Fear

More In Shares and Markets