Friday, January 18, 2008

Oil reverses course on economy worries (AP)



Russian President Vladimir Putin (L) talks with his Bulgarian counterpart Georgi Parvanov during an official welcoming ceremony in Sofia. Bulgaria and Russia have signed a deal to build the 10 billion euros (14.7 billion dollars) South Stream pipeline to carry Russian gas to Europe, giving Moscow an even greater say on European energy supplies.(AFP/Boryana Katsarova)AP - Oil futures fell Friday as a rebound on Wall Street sputtered, reigniting energy investors' fears of a severe economic slowdown.




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