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Oil Prices Fall on Crash, Russia Rebuff
OPEC to meet tomorrow without non-member cooperation
NEW YORK -- Crude oil prices tumbled after today's American Airlines jetliner crash in New York today spurred expectations for less air travel and a drop in jet-fuel demand, which already had plunged since the Sept. 11 terrorist attacks. According to Bloomberg News reports, market prices had already begun falling before the crash, as Russia announced it would not cooperate with a request by the Organization of Petroleum Exporting Countries to significantly reduce its crude oil production.
[FULL STORY]
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Oilspot/FlashPoint 7 Days Away
Combination of fuels, lubes, chemicals content to form powerful industry eNewsletter
As part of its recently announced combination with FlashPoint, the e-mail newsletter of the Independent Lubricant Manufacturers Association (ILMA), The Oilspot eNews will change its distribution time from Monday afternoons to Tuesday morning, beginning next week.
The new Oilspot News with Flashpoint will offer a broad slate on news and information covering the fuels, chemicals and lubricants industries, with a distribution of nearly 10,000 readers each week. In addition, readers will have direct access to the ILMA Web site via the newsletter. A special icon in the newsletter will indicate to readers that additional ILMA content is on the Web site. A click of the icon will quickly take you there. Details on how the icon works and how to use it will be provided in the premiere issue.
Be sure to check your email inbox next Tuesday for the new Oilspot News with FlashPoint.
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