Crude oil prices have fallen below $ 120 per barrel. The welcome drop came during intraday trading on Monday. The prices of crude have dipped below $120 a barrel for the first time in three months. A cooling US economy and global fears of inflation and recession seem to have caused a drop of almost $30 over the last three weeks from a record high of $147.27 on July 11.
Oil prices see the big fall again. The prices tumbled more than $3 a barrel.
http://www.ibnlive.com/news/oil-prices-at-their-lowest-in-two-months/69384-7.html
This is the biggest three-day loss in oil market in percentage terms since December 2004.
http://www.ibnlive.com/news/crude-prices-fall-below-130/69085-7.html
There are fears that economic slowdown in the US could hit demand.
http://www.ibnlive.com/news/oil-prices-fall-by-10-biggest-dip-in-17-years/68949-7.html
The crude reality is that demand for fuel is set to double by 2050.
http://www.ibnlive.com/news/hybrid-cars-indias-answer-to-the-oil-crisis/68011-11.html
The 30-share BSE barometer tanked 619.60 points to close at 13,802.22.
http://www.ibnlive.com/news/bears-out-do-bulls-sensex-nosedives-to-14month-low/67895-16.html
The Nifty has slipped below 4,200 again and the Sensex is at 13,967.
http://www.ibnlive.com/news/mkts-crash-in-opening-trade-sensex-slips-below-14k/67862-16.html
The differences in the body of oil producers came to the fore on Sunday.
http://www.ibnlive.com/news/opec-saudi-to-boost-oil-output/67589-7.html
Chidambaram addresses energy ministers, urges action.
http://www.ibnlive.com/news/india-warns-the-world-oil-price-may-ruin-all/67577-7.html
The Deputy Chairperson of Planning Commission defends fuel price rise.
http://www.ibnlive.com/news/if-oil-prices-keep-rising-govt-will-have-to-act-montek/67206-3.html
The kingdom will also work with OPEC to guarantee availability of oil.
http://www.ibnlive.com/news/saudi-will-attempt-to-rein-in-oil-price-surge-minister/66948-2.html
Its 2008 and oil prices are racing faster than Olympic runners.
http://www.ibnlive.com/news/crude-fact-a-look-under-the-fingernails-of-oil-market/66672-7.html
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