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Commodities

Tuesday December 23, 12:30 PM

 

 

Light sweet crude for delivery in February shed eight cents to 39.83 dollars a barrel in New York

By Mira Oberman

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Oil drilling rigs in Midland County, Texas. World oil prices weakened on Tuesday, trading under 40 dollars a barrel in New York in subdued pre-Christmas trade, as traders eyed weak energy demand arising from a global economic downturn. Oil drilling rigs in Midland County, Texas. World oil prices weakened on Tuesday, trading under 40 dollars a barrel in New York in subdued pre-Christmas trade, as traders eyed weak energy demand arising from a global economic downturn.


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