Crude oil drops to $67 per barrel

Last updated: August 17, 2009

New York, NY (BBN)- Crude oil declined to a two week low of USD 67.00 per barrel in the New York Mercantile Exchange due to diminished seasonal demand and increased US fuel inventory.

Gold declined on eroding demand for precious metals as an alternative investment.

BBN/SS/SI/AD-17August09-1:12 pm (BST) 

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