Oil price falls to near US$107 a barrel; first drop in more than a week
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By The Associated Press on August 19, 2013.
An oil pump works in the desert oil fields of Sakhir, Bahrain, Aug. 22, 2012. THE CANADIAN PRESS/AP, Hasan Jamali
NEW YORK, N.Y. – The price of oil fell for the first time in more than a week Monday, slipping near US$107 a barrel.
Benchmark West Texas Intermediate crude for September delivery fell 36 cents to close at US$107.10 a barrel on the New York Mercantile Exchange. The contract had risen US$4.06, or four per cent, over the previous Read more [...]