Oil slip further below US $60 a barrel

By
March 13, 2006 07:50

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

Oil prices slid Monday in Asian trading as traders took profits after last week's rally, but concerns about unrest in Nigeria and the possibility of UN sanctions against Iran were expected to support prices. Light, sweet crude for April delivery fell 7 cents to US $59.89 a barrel on the New York Mercantile Exchange, midmorning in Singapore. Gasoline fell nearly 1 cent to US$1.68 a gallon. Heating oil also slipped less than 1 cent to US $1.6767 a gallon, while natural gas rose 12.4 cents to US $6.770 per 1,000 cubic feet. On Friday, oil prices settled at $59.96 a barrel, the lowest settlement price since Feb. 17, when the contract settled at US $59.88.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Khashoggie Saudi Arabian Consulate
November 18, 2018
Khashoggi killers possibly took his dismembered body out of country

By REUTERS