Home

 
India Bullion iPhone Application
  Quick Links
Currency Futures Trading

MCX Strategy

Precious Metals Trading

IBCRR

Forex Brokers

Technicals

Precious Metals Trading

Economic Data

Commodity Futures Trading

Fixes

Live Forex Charts

Charts

World Gold Prices

Reports

Forex COMEX India

Contact Us

Chat

Bullion Trading Bullion Converter
 

$ Price :

 
 

Rupee :

 
 

Price in RS :

 
 
Specification
  More Links
Forex NCDEX India

Contracts

Live Gold Prices

Price Quotes

Gold Bullion Trading

Research

Forex MCX India

Partnerships

Gold Commodities

Holidays

Forex Currency Trading

Libor

Indian Currency

Advertisement

Forex MCX India

Link Exchange

 
AP: Crude oil prices slip on sliding demand
 
Crude oil prices slipped to less than $98 a barrel Thursday on the New York Mercantile Exchange, as the demand for oil and gasoline appears to be falling.

The Energy Information Administration said Wednesday that U.S. oil consumption had declined 7.1 percent in September, compared with 2007. Gasoline consumption also declined, down 4.5 percent, EIA said.

The lack of a bailout plan in Washington has also put downward pressure on oil prices, as investors conclude a bailout would prop up economies and increase demand.

On Thursday, crude oil prices fell 0.88 cents to $97.65 per barrel. Heating oil prices fell 0.0294 cents to $2.8175 per gallon. Reformulated blendstock gasoline fell 0.022 cents to $2.338 per gallon. Natural gas prices slid 0.033 cents to $7.695 per million British thermal units.

At the pump, the average price for a gallon of regular unleaded gasoline was $3.598 Thursday, down from Wednesday's $3.619 a gallon, AAA said.
Source