Prices Fall After Warning On Energy Growth ; Oil

Summary


Oil prices yesterday fell back sharply after a warning by Citigroup of more write-downs related to risky US mortgages heightened concern over the economic health of the world's biggest fuel consumer.

US light crude dropped EUR1.14 a barrel to EUR94.79. It hit a record of EUR96.24 on November 1.

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Extract


Prices Fall After Warning On Energy Growth ; Oil

London Brent crude lost EUR1.13 to E...

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