Not Logged In Log In   Sign Up   Points Leaders
Follow Us    7:24 PM

Message Forum - Read Message

Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Oil slips to near $92 as dollar gains on euro, yen Post a Reply Back to Topics
Nitewolf
Champion Author
Anchorage

Posts:16,524
Points:2,102,720
Joined:Jun 2004
Message Posted: May 22, 2012 9:32:25 AM
 Ignore Nitewolf Report Abuse

PABLO GORONDI
The Associated Press

Published: May 22nd, 2012 04:17 AM
Last Modified: May 22nd, 2012 04:30 AM

The price of oil slipped to near $92 a barrel Tuesday, on concerns about global economic growth and news that that Iran will allow the U.N. nuclear agency to restart a probe into its nuclear program.

By early afternoon in Europe, benchmark oil for June delivery was down 44 cents to $92.13 a barrel in electronic trading on the New York Mercantile Exchange. The contract rose $1.09 to settle at $92.57 in New York on Monday.

In London, Brent crude for July delivery was up 14 cents at $108.95 per barrel on the ICE Futures exchange.

Crude has slumped from $106 earlier this month on fears that global economic growth might slow more than expected this year. In Europe, government
Visit Anchorage Daily News online for full article
REPLIES (newest first)
Profile Pic
jrs4125
Champion Author Indiana

Posts:2,743
Points:588,820
Joined:Sep 2011
Message Posted: May 23, 2012 3:24:19 AM
 Ignore jrs4125 Report Abuse

Finally starting to see meaningful price reduction at the pump.
Profile Pic
WalRus49
Champion Author Boston

Posts:4,060
Points:865,940
Joined:Nov 2010
Message Posted: May 22, 2012 11:25:15 PM
 Ignore WalRus49 Report Abuse

More organized mayhem and pillage...........
Profile Pic
johntxx
Champion Author Texas

Posts:2,766
Points:613,395
Joined:Aug 2011
Message Posted: May 22, 2012 1:14:05 PM
 Ignore johntxx Report Abuse

WTI as of May 22, 2012 01:01 PM CT

Last Price
$92.05

Day Change
$-0.81
Profile Pic
schatzila
Champion Author Los Angeles

Posts:4,934
Points:1,013,695
Joined:Jun 2010
Message Posted: May 22, 2012 11:07:50 AM
 Ignore schatzila Report Abuse

Happy to hear the dollar is stronger.
Profile Pic
dh0770
Champion Author Colorado

Posts:6,987
Points:672,460
Joined:Jun 2011
Message Posted: May 22, 2012 11:06:35 AM
 Ignore dh0770 Report Abuse

Slips? What a crock!
Profile Pic
K9LO
Champion Author North Dakota

Posts:2,669
Points:541,055
Joined:Nov 2010
Message Posted: May 22, 2012 10:53:42 AM
 Ignore K9LO Report Abuse

Keep the price coming down. Get rid of speculation.
Profile Pic
Rehorsehay
All-Star Author California

Posts:871
Points:45,925
Joined:Feb 2012
Message Posted: May 22, 2012 10:53:42 AM
 Ignore Rehorsehay Report Abuse

If Iran had their way oil would be $160 a barrel!
Profile Pic
djwhit
Champion Author Ohio

Posts:2,997
Points:1,205,530
Joined:Jul 2009
Message Posted: May 22, 2012 10:46:43 AM
 Ignore djwhit Report Abuse

YES ,BUT THE OIL CO's STEAL HAVE THE PRICE OF a/gal UP. WHEN IT SHOULD BE AROUND 2.70 or 2.80 a/gal.....................
Profile Pic
BUSMAN1105
Champion Author Atlanta

Posts:2,148
Points:1,168,115
Joined:Aug 2008
Message Posted: May 22, 2012 10:37:28 AM
 Ignore BUSMAN1105 Report Abuse

GOOD. IT NEEDS TO KEEP DROPPING!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Profile Pic
ObieDog
Champion Author Maryland

Posts:1,956
Points:849,095
Joined:Sep 2010
Message Posted: May 22, 2012 10:28:47 AM
 Ignore ObieDog Report Abuse

down down down
Profile Pic
TripleHs
Champion Author Austin

Posts:3,355
Points:915,140
Joined:Oct 2009
Message Posted: May 22, 2012 10:06:16 AM
 Ignore TripleHs Report Abuse

go lower
Post a reply Back to Topics
"Consumers working together to save on gas"