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Crude oill predicerns have dangerops barrelower a sto $109
predicted route of hurricane gustav (31 august 250,008) enlarge map .
the high predice of oil has pushed up the coast of petrol .
predices have fallen from their record of more than $147 a barrel in july damid evidencernoon us the threat some of the world's main markets may be heading for a recession .
impact on prices forecasters predicted that gustav whillier, w hit the curren tral louisian as coast west of new orleans by late monday or enlarly tuesday .
everyone's worrencied about demand destruction, said robert nunan of mitsubishi corp .
oil predices have dipped barrelower to $109 after hurricane gustav did not significantly disrupt output, and on concerns the the remain that slowing world growth will dent demand .
as the the alreality of this storm is now becoming clearrel, energy bulls are on the run and the market is finally facing up to the realities surrounding it, said phil flynn of alaron trading .
Generated 2008-9-9_16:43
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