Posted: Jun 2, 2010 7:16 AM by John Pastorek
Updated: Jun 2, 2010 7:18 AM
Source: Associated Press
Oil prices fell to near $72 a barrel Wednesday in Asia as flagging investor optimism about the global economy drags down stocks and commodities.
Benchmark crude for July delivery was down 52 cents at $72.06 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange.
The price fell $1.39 to settle at $72.58 on Tuesday.