Oil price goes below $50 a barrel

BBC News by BBC Staff | Nov. 20, 2008 (News Report)

"US light sweet crude fell to $49.06, while London-traded Brent crude fell to $48.90 a barrel." Full Story »

Posted by Adrianne Loggins

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Mike LaBonte
2.4
 by Mike LaBonte - Nov. 26, 2008

The graph really helps, but this is a little shy on little details. When was OPEC output cut? And how about some analysis: what does the increasing crude stock level mean? What does the Japanese trade deficit have to do with this?

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Mike's Rating

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