Crude oil prices drop

Crude oil prices dropped to their lowest levels for more than a fortnight today as investors were tempted back by a stronger dollar and supply concerns eased in Nigeria.

Crude oil prices drop
Thu, 01 May, 2008 - 19:49

Crude oil prices dropped to their lowest levels for more than a fortnight today as investors were tempted back by a stronger dollar and supply concerns eased in Nigeria.

Light, sweet crude for June delivery reached $110.39 dollars on the New York Mercantile Exchange, down almost nine dollars from Monday's near $120 high. Prices were last at the $110 level on April 14.

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