WSJ: OIL FUTURES: Nymex Crude Drops On Goldman Charges, Volcano
NEW YORK (Dow Jones)--Crude futures fell Monday, as fraud charges against Goldman Sachs reduced investors' risk appetite, and a volcanic eruption sharply reduced European jet fuel demand.
"You've got two dark clouds in the system right now," said Tony Rosado, a broker with GA Global Markets.
Light, sweet crude for May delivery recently traded $2.32, or 2.8%, lower at $80.92 a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange traded $2.47, or 2.9%, lower at ...