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Oil Prices Slide Due to Global Gloom Over Economic Outlook
By The Associated Press
Posted 9:22AM 10/01/12
By PABLO GORONDI
"***The price of oil slipped below $92 a barrel on Monday ***.
*** benchmark oil for November delivery was down 47 cents to $91.72 a barrel in electronic trading on the New York Mercantile Exchange. ***.
*** Brent crude was down 79 cents to $111.60 on the ICE Futures exchange.
*** The Bank of Japan's quarterly "tankan" index was minus 3, a worsening from the previous quarter's minus 1.
The survey showed pessimism over the prospects for both domestic and global demand given weak growth in China, the U.S. and Europe."
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While Price John suffers from the doldrums as he views from Sagres his ship of state easing into the horse latitudes,
I suffer from the doldrums remembering when
I could have bought a hundred stripper wells
for not much more than the price of their tubing and tanks.
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By The Associated Press
Posted 9:22AM 10/01/12
By PABLO GORONDI
"***The price of oil slipped below $92 a barrel on Monday ***.
*** benchmark oil for November delivery was down 47 cents to $91.72 a barrel in electronic trading on the New York Mercantile Exchange. ***.
*** Brent crude was down 79 cents to $111.60 on the ICE Futures exchange.
*** The Bank of Japan's quarterly "tankan" index was minus 3, a worsening from the previous quarter's minus 1.
The survey showed pessimism over the prospects for both domestic and global demand given weak growth in China, the U.S. and Europe."
==========================================================
While Price John suffers from the doldrums as he views from Sagres his ship of state easing into the horse latitudes,
I suffer from the doldrums remembering when
I could have bought a hundred stripper wells
for not much more than the price of their tubing and tanks.
<<Previous ThreadNext Thread>>
Page 1 / 1
<< Prev
1
Next >>