Oil declines on demand concerns

email Email  Print Print   Reproduction
Mon, Aug 25, 2008
Oil Market News
Post by Mike Rodger, Oil Reporter

Oil prices declined on Monday as demand worries due to rising fuel costs outweighed supply concerns caused by a tropical depression in the Caribbean.

James Crandell, analyst for Lehman Brothers, said;

All the factors that have motivated the price down are still intact.

For full news, click here

All content Copright 2011 Dig Media Inc. Disclaimer

Please see the comment policy for information on comment moderation.

Get our exclusive independent commentary on oil trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »

Simply fill in your name and email to make better investment decisions.

Privacy Policy - Close this banner

x
Please enter a valid email.

Information