Published on Tue, Nov 04, 2008 at 08:39 | Source : CNBC-TV18
Updated at Tue, Nov 04, 2008 at 08:57
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Crude trades at $63.1/bbl
Crude fell by more than USD 3 a barrel after a report showed that manufacturing in the US contracted in October at the fastest pace in 26 years––a signal that fuel consumption will decline.
Crude fell by more than USD 3 a barrel after a report showed that manufacturing in the US contracted in October at the fastest pace in 26 years--a signal that fuel consumption will decline.
In after hours access trading, Nymex is currently at USD 63.10 per barrel.