Oil prices skid on dire outlook for energy demand (AFP)

Oil rigs extract petroleum in Culver City, Los Angeles, April 2008. Oil prices nose-dived Monday as traders digested fresh signs of slowing economies in the European Union and the United States that bode ill for energy demand.(AFP/Getty Images/File/David McNew)AFP - Oil prices nose-dived Monday as traders digested fresh signs of slowing economies in the European Union and the United States that bode ill for energy demand.

AFP

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