Crude Awakening -- Oil Price Dip Bodes Well for the Gas Pump

Summary


NEW YORK - Crude oil prices dipped to their lowest levels in more than a month Friday, falling below $89 a barrel as investors sold amid signs of weakening demand and expectations that OPEC will boost production next week.

The slide in oil may mean consumers will see relief at the pump soon, analysts said. Gasoline and heating oil futures also dropped.

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Extract


Crude Awakening -- Oil Price Dip Bodes Well for the Gas Pump

It was quite a turnaround for crude, which began the week pushing $100 a barrel but ended it by falling to...

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