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    Benchmark: troubled waters

    Written by Melissa Pistilli
    |
    Sep. 30, 2008 10:47AM PST

    Crude Investing News reports oil has fallen in value after the troubled US Financial markets and its bail-out plan. Another rough day for investors this Monday. As it became clear that the American House of Representatives would reject the authorization law for the executive’s US$700 billion financial sector bailout plan, commodities began to tank. Oil futures …

    Crude Investing News reports oil has fallen in value after the troubled US Financial markets and its bail-out plan.

    Another rough day for investors this Monday. As it became clear that the American House of Representatives would reject the authorization law for the executive’s US$700 billion financial sector bailout plan, commodities began to tank. Oil futures shed more than US$10 of their value during the day, dropping to US$96.37 per barrel.

    For full details of the article, click here. For further developments in the resource industry, click onto our Resource Investing Newsletter for free.

     

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