Browse
related articles
Oil falls below $121
- Middle East: Wednesday, July 30 - 2008 at 09:26
Oil fell to the lowest price since May yesterday, losing over $4 to reach $120.42. Analysts put the fall in price, despite a loss of production from Nigeria, down to weakening demand and a stronger dollar. Opec President Chakib Khelil said that he expected prices to eventually retreat to $80 or $70 but advised producers not to cut supply.
Related Content
Article Options
StaffWednesday, July 30 - 2008 at 09:26 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer »
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
