The crude prices are falling but there is no hope of a roll back on prices for the Indian consumer of oils. The Oil Secretary has confirmed that the prices will not be cut as the drop is not so significant.
It earlier fell by $1and 16 cents or 1.2 per cent to $92 and 81 cents.
http://www.ibnlive.com/news/crude-oil-price-rise-copper-and-gold-fall/74935-7.html
Prices have fallen almost $25, or 20 per cent, in the past week.
http://www.ibnlive.com/news/oil-prices-plunge-as-us-financial-bailout-plan-fails/74683-7.html
Concerns on US economy and sliding fuel demand lead to the slip.
http://www.ibnlive.com/news/oil-slips-beneath-103-over-concerns-on-us-economy/74339-7.html
Monday was the last day of trading in the October oil futures contract.
http://www.ibnlive.com/news/oil-prices-rise-again-crosses-127-a-barrel-mark/74176-7.html
Gold gained on account of being a prefered alternative investment.
http://www.ibnlive.com/news/gold-prices-rise-as-dollar-drops-crude-surges/74098-7.html
Jim Rogers says commodities are going to revive first when the slowdown ends.
http://www.ibnlive.com/news/in-global-slowdown-commodities-will-outshine-equities/73442-7.html
Crude prices recovered thanks to mixed signals from oil cartel OPEC.
http://www.ibnlive.com/news/crude-slips-to-a-5month-low-of-10187-per-barrel/73303-7.html
Blame it on anaerobic bacteria in oil reservoirs deep below the earth's surface.
http://www.ibnlive.com/news/what-makes-crude-oil-good-or-bad/73255-11.html
Production quotas will be returned to the levels of September 2007
http://www.ibnlive.com/news/oil-prices-hit-fivemonth-low-opec-cuts-production/73254-7.html
Crude oil prices dropped to a new five-month low on Tuesday.
There is concern that the storms could impact refineries and production.
http://www.ibnlive.com/news/oil-jumps-nearly-2-to-108-on-hurricane-threat/73104-7.html
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