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Daily Briefing

Oil below $79 as storm fears abate

Nov. 10, 2009
SINGAPORE (Reuters) - Oil prices fell to below $79 a barrel on Tuesday, as tropical storm Ida, which cut U.S. oil and gas supplies, was downgraded from a powerful hurricane and U.S. crude oil stockpiles were forecast to rise slightly.
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NEW YORK, Nov. 9 (UPI) -- A late season storm, Ida, pushed oil markets higher during the weekend with prices topping $79 per barrel on the New York Mercantile Exchange.
Hurricane Ida

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MIAMI, Nov. 9 (UPI) -- Hurricane Ida, a late-season storm that raked Central America, headed into the Gulf of Mexico and toward the U.S. mainland.

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Lori Anne Madison, 6, competes in Scripps National Spelling Bee
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Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler