VOA NEWS: OIL PRICES SLIDE TO 19-MONTH LOW
November 06, 2008
November 06, 2008
WASHINGTON, Nov. 6 -- The Voice of America issued the following story:
Crude oil prices hit a 19-month low, as new economic data suggests the world's major economies may be headed for a recession, cutting demand.
The price of crude oil for future delivery fell more than $4.50, to close at less than $61 a barrel during trading Thursday in New York.
Oil prices have fallen almost 60 percent since hitting a record high in July. The International Monetary . . .
Crude oil prices hit a 19-month low, as new economic data suggests the world's major economies may be headed for a recession, cutting demand.
The price of crude oil for future delivery fell more than $4.50, to close at less than $61 a barrel during trading Thursday in New York.
Oil prices have fallen almost 60 percent since hitting a record high in July. The International Monetary . . .