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    market news

    Oil Dropped to a Two-Week Low

    Investing News Network
    Dec. 12, 2011 02:31AM PST
    Oil and Gas Investing

    Bloomberg reported that oil dropped to a two-week low on concern that Eurozone’s debit crisis is threatening to deter economic growth.

    Bloomberg reported that oil dropped to a two-week low on concern that Eurozone’s debit crisis is threatening to deter economic growth.

    As quoted in the market news:

    Crude for January delivery was at $97.99 a barrel, up 22 cents, in electronic trading on the New York Mercantile Exchange at 2:40 p.m. Sydney time.

    Click here to read the full Bloomberg report.

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