Wednesday, March 10, 2010

You are here: Home / Business / Oil drops to near $73 amid jump in US supplies (AP)

Oil drops to near $73 amid jump in US supplies (AP)

February 10, 2010 by Muhammad Qasim · Leave a Comment 

Oil drops to near $73 amid jump in US supplies
(AP)

Kuwait City's banking complex is decorated with lights and the national flag in 2009. OPEC member Kuwait is projecting a 22.4 billion dollar budget deficit for the 2010-2011 fiscal year after raising spending by more than 33 percent, according to a draft budget seen on Tuesday.(AFP/File/Yasser al-Zayyat)AP – Oil prices fell to near $73 a barrel Wednesday in Asia after a report showing unexpected growth in U.S. crude inventories cast more doubt on the recovery in the world’s biggest economy.

Read more …

Oil drops to near $73 amid jump in US supplies
(AP) | Oil drops to near $73 amid jump in US supplies
(AP)

  • Share/Bookmark

Filed under Business · Tagged with

Your Ad Here

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!