Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 646 Thu. March 23, 2006  
   
Business


Oil prices slip ahead of US stocks report


World oil prices fell on Wednesday as traders anticipated a healthy market update later in the day of crude stockpiles in the United States, the world's biggest energy consumer.

New York's main contract, light sweet crude for delivery in May, fell by 28 cents to 62.06 dollars per barrel in electronic deals before the market's official opening. April's contract had expired Tuesday at 60.57 dollars.