Oil prices have already fallen to their lowest level in 6 ½ years, and gasoline prices at the pump may soon follow suit.Oil futures CLV5, +2.23% fell below $40 a barrel on the New York Mercantile Exchange Monday, their lowest level since February 2009. On Wednesday, futures dropped below $39.
Among the refinery problems was an unscheduled outage at BP PLC’s BP, +1.27% BP., -1.24% Whiting, Ind., refinery, the largest in the Midwest. That sent prices climbing throughout the Midwest. BP confirmed a restart of the Whiting refinery late Tuesday following the shutdown that began on Aug. 8.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
0 comments:
Post a Comment