Monday, September 05, 2005


Brent crude eases back to pre-Katrina $65

LONDON (Reuters) - Oil prices fell on Monday, extending Friday's sharp drop, after the release by industrialised nations of emergency oil stocks to prevent a U.S. fuel crisis after Hurricane Katrina.
Worries about U.S. consumer confidence and the impact for oil demand of Katrina on economic growth in the United States also undermined the oil market.

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