Showing posts with label stimulus program. Show all posts
Showing posts with label stimulus program. Show all posts

Wednesday, May 20, 2015

Oil prices tank as oversupply worries dominate

New York (AFP) - Oil prices slumped Tuesday as resurgent worries about the global supply glut combined with a sharp dollar rally.US benchmark West Texas Intermediate for delivery in June shed $2.25 to finish at $57.99 a barrel on the New York Mercantile Exchange.