Tuesday, February 5, 2008

Oil prices fell below $ 90 per barrel

LONDON - Oil prices fell below 90 dollars per barrel on Tuesday and accelerated losses after fresh disappointing data stoked concerns over energy demand from the United States, a key consumer, analysts said. New York's main contract, light sweet crude for delivery in March, fell 1.53 dollars to 88.49 dollars per barrel. Brent North Sea crude for March delivery shed 1.54 dollars to 88.93 dollars.

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