Crude Oil Drops below $80

Oil plummets below U.S.$83 on global slowdown fears - San Di
LONDON ? Oil prices tumbled to a one-year low below US$83 a barrel Friday in European trading as fears mounted that governments around the world would be unable to keep the ongoing financial crisis from causing a severe global economic downturn …

NYMEX-Crude drops, choppy amid demand fear, stocks - Reuters
NEW YORK, Oct 10 (Reuters) - U.S. crude oil futures tumbled on Friday as fears of falling oil demand in the wake of the global stock market sell-off pressured oil markets. Trading was volatile with the stock market, with crude futures dropping below …

Loonie pounded again, heading for worst week since ‘71
Currency traders shook off Canada’s stellar jobs showing Friday and continued to pound the loonie, suggesting that gloom trumps any good economic news in the current market.

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October 10, 2008 · Filed Under Finance 

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