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Tuesday 14 July 2009 8:00 pm  |  Updated:  Friday 31 May 2019 7:36 am

Oil price dips on demand worries

By: admindrupal

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US oil prices dipped into negative territory yesterday as dealers worried a bumpy economic recovery could delay a rebound in ailing world energy demand. US crude fell 9 cents to $59.60 a barrel, extending a decline that shaved 11 per cent from the price last week. London Brent crude rose 7 cents to $60.76.

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