Oil prices continue slide
- Tuesday, August 12 - 2008 at 09:28
The price of crude oil continued to fall as the effects of market forecasts, lessening demand and a stronger dollar were felt on the indices. Crude oil for September delivery fell 69 cents, or 0.6%, to $113.76 a barrel, in after-hours electronic trading on the New York Mercantile Exchange, according to Bloomberg. Oil has now fallen 23% from its July high.
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