Oil Prices
Light, sweet crude for November delivery dropped as low as $US68.57 a barrel on the New York Mercantile Exchange before paring some of its losses to trade down $US3.14 at $US71.40. It was crude's lowest trading level since June 27, 2007.
Crude has now fallen 52% since surging to a record $US147.27 on July 11. Some energy analysts have predicted oil could fall as low as $US50.
I look forward to the Friday updates from Tony & Nick.