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Oil prices slide as demand weakens

OIL prices fell below US$56 a barrel yesterday and gasoline futures plunged to a new low as Japan joined a number of European nations in recession and provided even more evidence of a broad deterioration in demand...

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<p><a href="http://www.shanghaidaily.com/sp/article/2008/200811/20081118/article_381071.htm"> Oil prices slide as demand weakens </a> by -- OIL prices fell below US$56 a barrel yesterday and gasoline futures plunged to a new low as Japan joined a number of European nations in recession and provided even more evidence of a broad deterioration in demand... </p>