Monday, 29 October 2012

Crude drops as Hurricane Sandy batters U.S. as monster system


MTECHTIPS

Crude drops as Hurricane Sandy batters U.S. as monster system

Crude oil futures fell in Asian trading on Tuesday after Hurricane Sandy morphed into a massive post-tropical system and roared ashore in New Jersey.
Refiners in the area had cut operations prior to Sandy's arrival, thus sending crude prices falling on the curtailed demand.

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