Friday, March 26, 2010

Oil Prices Drop to $80 A Barrel

Oil prices down

Oil prices dropped 53 cents to end the session at $80 a barrel, ending the week down 2 percent.

Uncertainty about whether we're really pulling out of the recession continue to weigh on the minds of investors, and that has had an impact on oil prices which have been trading in a tight range recently because of no clues as to where things are headed economically.

While no clear direction remains, we'll continue to find oil reacting in this manner.

No comments: