Oil falls toward $95 on US, Europe growth fears
Associated Press
Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Updated 1:31 am, Monday, February 18, 2013
BANGKOK (AP) — The price of oil fell to near $95 a barrel Monday after U.S. industrial production weakened and Europe remained mired in recession. Benchmark crude for March delivery was down 28 cents to $95.58 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The Federal Reserve said Friday that U.S. factory production slowed in January, mostly because of a big drop in output at auto factories. Reported by SeattlePI.com 18 hours ago.
Associated Press
Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Updated 1:31 am, Monday, February 18, 2013
BANGKOK (AP) — The price of oil fell to near $95 a barrel Monday after U.S. industrial production weakened and Europe remained mired in recession. Benchmark crude for March delivery was down 28 cents to $95.58 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The Federal Reserve said Friday that U.S. factory production slowed in January, mostly because of a big drop in output at auto factories. Reported by SeattlePI.com 18 hours ago.