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7/19/2008

Oil prices reach a new low

Oil prices reach a new low
oil
On Friday the crude oil prices fell by 41 cents to get to a value $128.88 at the New York Mercantile Exchange. Oil was high in the previous weeks and it had reached a value more than of $147 a week earlier.

Gas prices fell on Friday and a gallon of gas dipped three-tenths of a cent to $4.842 a gallon. In U.S. the nationwide gas price is $4 or even lower but the market offers no guarantee to the low prices.

More: Business News

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