Sunday 11 September 2011

Oil below $86 amid growing Europe debt crisis (AP)

A helicopter flies over a rig looking for 10 oil industry contractors who remain missing after they had evacuated the rig in the Bay of Campeche, September 10, 2011. State oil company Pemex evacuated 473 workers from five sea platforms as a precaution as a strengthening Tropical Storm Nate marched towards Mexico's southwest coast on Saturday. Nate is expected to ramp up to near hurricane force for a Sunday landfall, forecasters said.  REUTERS/Stringer (MEXICO - Tags: DISASTER ENERGY ENVIRONMENT)AP - Oil prices fell to below $86 a barrel Monday in Asia as investor concern about Europe's debt crisis undermined confidence in equities and commodities.



Related News:-

  • The Detroit News Online


  • NEW YORK (AP) -- Oil prices fell Friday along with the prospects for global economic growth as the government reported the economy added no jobs last month.

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