Demand fears return to haunt oil

FEARS global energy demand will soften amid a weakening outlook on the world economic recovery sent oil plummeting to a one-month low, under $US76 a barrel.

Demand fears return to haunt oil Demand fears return to haunt oil Demand fears return to haunt oil Demand fears return to haunt oil Demand fears return to haunt oil

New York's Western Texas Intermediate slumped about 3% yesterday to close at $US75.74/bbl, the lowest settlement since July 1.

loader