Oil Prices Drop Amid War Developments

Listen: Listen to the NPR News report.

Oil prices fall to their lowest level in four months as traders grow confident that war-related damage to Persian Gulf production will be limited. Some oil wells were set ablaze by Iraqis, but U.S. and British forces have seized key terminals in southern Iraq. NPR's Scott Horsley reports.

Related NPR Stories



Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.