Oil Prices Fall as US 'Fiscal Cliff' Approaches
Oil prices fell as much as $2 a barrel Friday as doubts grew about whether political leaders in Washington could reach a deal on the fiscal cliff before the new year.
Benchmark crude
Oil prices fell as much as $2 a barrel Friday as doubts grew about whether political leaders in Washington could reach a deal on the fiscal cliff before the new year.
The price of oil rose more than 3 percent Tuesday on concerns about supplies from the Middle East and the North Sea.