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| Oil falls below $38, following stocks markets down |
| 2009-02-25 |
| Oil prices extended losses for a second day Tuesday in Asia, falling below $38 a barrel, as a loss of investor confidence that the global economy will recover soon swept across stock and crude markets. Benchmark crude for April delivery fell 59 cents to $37.85 a barrel by midday in Singapore on the New York Mercantile Exchange. The contract overnight fell $1.59 to $38.44. |
| Posted by:Fred |
| #2 |
| Posted by: tu3031 2009-02-25 12:32 |
| #1 |
| Posted by: crosspatch 2009-02-25 12:29 |