NPR for Northern Colorado

Prices For Oil Futures Fall Back

Your browser doesn’t support HTML5 audio

(Soundbite of music)

LINDA WERTHEIMER, host:

NPR's business news starts with commodities taking a tumble.

(Soundbite of music)

WERTHEIMER: Commodity prices are plunging and that includes a big drop in the price of oil this week. Crude oil is now trading at about $96 a barrel, down from well over $110 in recent weeks. Some investors are seeing signs of an economic slowdown in the U.S. and in other parts of the world - and believe that will cut the demand for oil. Transcript provided by NPR, Copyright NPR.

  • Facebook
  • Twitter
  • LinkedIn
  • Email