02:35
Reported

News Briefs

  Cheshvan 22, 5769 , 20/11/08

Oil Prices Down Sharply

The price of a barrel of oil in New York's Mercantile Exchange plummeted Wednesday by 77 cents, to a value of  $53.62 - a 22 month low.

Prices marked their fourth losing session in a row, falling a total of 7.9% for the period.

Other archived news briefs:Nov 20 2008, 02:35 AM, 11/20/2008