Oil drops more than $10 a barrel

  • 15/07/2008

  • Indian Express (New Delhi)

Oil prices tumbled Tuesday as US stocks sold off amid worries about America's economic health. Prices dropped more than $10 a barrel from their highest point of the day. At midday, light, sweet crude fell $6.27 to $138.91 in an extremely volatile session. The turnaround may not signal a lasting shift in sentiment