Referenced Stocks

US Crude Oil breaks US$90

By International Business Times,  October 23, 2012, 03:50:28 AM EDT

US Crude Oil breaks US$90 mark on global economic concerns

CAT, TRP

US Crude Oil prices fell and broke the important support mark of 90 bbl Monday as concerns about global economic slowdown offset fears of unrest in the Middle East.

The Crude Oil prices were pressured heavily after data showed that Japanese exports tumbled and industry giant Caterpillar Inc. ( CAT ) warned of a faster-than-expected global economic slowdown Monday.

Read More on International Business Times




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: CAT



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