Oil prices fall sharply
Saturday, 17 April 2010
LONDON, April 16: World oil prices fell sharply Friday, pressured by energy demand concerns, weak US economic data and a strengthening US dollar in pre-weekend trade, analysts said. New York's main contract, light sweet crude for delivery in May, slid 1.43 dollars to 84.08 dollars a barrel. Brent North Sea crude for June was down 1.06 dollars at 86.53 dollars per barrel. The May contract had expired Thursday after hitting 87.58 dollars-a level last seen on October 7, 2008. — AFP