|
|
Oil: What goes up... |
|
| By Paul R. La Monica, CNNMoney 2008-7-24 11:06:35 |
|
|
NEW YORK (CNNMoney.com) -- Oil's on sale! Okay, not really. At about $124 a barrel, crude is still up substantially from a year ago. But it's down 15% in just a couple of weeks, and the threat of $150 oil has faded for now. The stock market has taken notice. Despite some not-so-great news from many banks, stocks overall have rallied. So why is oil falling? And can it continue to do so? |
|
|
|
|
| StockWinner.org Copyright ©2008 |