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Tuesday, December 8, 2009

Oil Prices Dipping December-08-09


UNG US NAT GAS FD ETF
Oil prices dipped below $73 a barrel Tuesday on a stronger dollar and a slew of economic data that did not indicate a quick rebound in demand from big energy users or from consumers.

Related Quotes
Symbol Price Change
UNG 9.38 +0.16

USO 36.85 -0.64

Reports from Britain and Germany showed that international manufacturing remains weak. And U.S.-based economists noted that while America's jobless numbers improved last week, that doesn't necessarily mean consumer spending or energy consumption will return anytime soon.