Oil dips on consumer confidence drop - CNNMoney.com

By
Viraj
on February 23, 2010 11:20 PM | | Comments (0) | TrackBacks (0)
NEW YORK (CNNMoney.com) -- Oil fell below $79 a barrel Tuesday, retreating from a five-day rally on a stronger dollar.

Manufacturer of Diesel Tanks India.

What prices are doing: Crude oil for April delivery dropped $1.27, or 1.6%, to $79.04 a barrel on Tuesday. What's driving prices: A report from the Conference Board showed that the Consumer Confidence index fell sharply in February to 46 from 56.5 in the previous month.

Full Story: Oil dips on consumer confidence drop - CNNMoney.com

0 TrackBacks

Listed below are links to blogs that reference this entry: Oil dips on consumer confidence drop - CNNMoney.com.

TrackBack URL for this entry: http://www.hydraulic-oiltanks.com/cgi-bin/mt/mt-tb.cgi/11408

Leave a comment