Sorry that was an old news report
Demand worries send oil $2 lower
Friday, 15 August 2008 17:43
Oil prices dropped more than $2 to $112 a barrel this evening on growing concerns about weaker demand in industrialised nations and the stronger dollar.
US crude fell $2.67 to $112.34 a barrel. London Brent lost $2.52 to $111.16.
Crude has fallen sharply since reaching all-time highs above $147 on July 11 as growing global economic problems and high fuel prices cut demand in top consumer the US and Europe.
But we still pay high prices and higher fuel surcharges!