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Oil prices fall further in Asia

Published December 1, 2008, 10:29 pm, Khaleej Times

SINGAPORE - Oil prices fell further in Asia on Tuesday, almost touching levels unseen since early 2005, in a market worried over falling consumption, analysts said.

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Oil slumps 3 pct to 3- year low on econ worry - Reuters Africa
SINGAPORE (Reuters) - Oil slid to a 3- year low under $48 on Tuesday, extending the previous day's sharp drop as signs grew the global economy is in worse shape than expected and after OPEC opted to delay talks on further output cuts. Japan's Nikkei ...

OPEC Cuts: A Barrel Of Laughs - Forbes
Crude oil traded below $50 a barrel in New York Monday for the first time since the spring of 2005 as talk of an OPEC production cut later this month failed to convince jittery investors. Oil futures slid 10.3%, or $5.63, to $48.80 per barrel, on the ...

Oil prices fall further in Asia - Inquirer.net
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Asian stocks lower by midday - Straits Times
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