Oil falls from record high on China demand worries

earthtimes.org     May 12, 2008            

NEW YORK (Reuters) - Oil fell from a record high over $126 a barrel on Monday as a dip in crude oil imports into No. 2 consumer China stirred concerns high prices were eating into demand. ... China's April crude oil imports decreased against year-ago levels, the first... [read full story]                    


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