Some highlights (bold emphasis added by me):
Oil prices fell sharply on Wednesday, reaching prices not seen since
June of last year
U.S. crude for December delivery lost $5.43 to end the session at $66.75 a barrel in New York.
Wednesday's settle price was the
lowest since
June 13, 2007, when oil ended the day at $66.26 a barrel.
Full story:
Oil settles at 16-month low after boost in inventory - Oct. 22, 2008