New York, NY (BBN)- Crude oil prices dropped from near a 15-month high, trading at US$ 79.87 a barrel on the New York Mercantile Exchange, after China raised bank reserve requirements to keep the economy from growing too fast, and as cold weather that had been supporting U.S. fuel demand began to subside.
BBN/SS/SI/AD-13January10;10:38 am (BST)