Crude Prices Slip, But Post Big Gains for Month of October

摘要

Oil prices slipped in low-volume trading Monday, but posted big monthly gains for October, as the dollar rose against the yen after Japan intervened in the market to stem the rise of its currency. Brokers and analysts attributed at least some of the weak volume and choppy price movements to MF Global Holdings, the futures broker run by former Goldman Sachs chief Jon Corzine, filing for Chapter 11 bankruptcy (related).