Thursday, June 7, 2007

Crude Oil Falls From 9-Month High After Cyclone Weakens, Misses Platforms

(Bloomberg) -- Crude oil fell from a nine-month high
in New York after Cyclone Gonu weakened and missed oil and gas
platforms near Oman's coast.

The storm is dissipating after sweeping across coastal Oman
and Iran. A least 28 people died in the two countries, the
Associated Press reported.


Read more at Bloomberg Energy News

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