Just not the same party as last year for oil bulls. Oil drops .575 at the open of trade. Support is at 71.50.
MIAMI (Reuters) - Hurricane Ernesto was downgraded to a tropical storm on Sunday when its sustained winds fell below 74 mph (119 kph) as it moved through the Caribbean Sea south of Haiti.
But forecasters said the storm could become a hurricane again and emergency managers issued a hurricane watch for the low-lying Florida Keys, alerting residents to expect Ernesto to bring storm conditions to the 110-mile (177-km) island chain within 36 hours.
MIAMI (Reuters) - Hurricane Ernesto was downgraded to a tropical storm on Sunday when its sustained winds fell below 74 mph (119 kph) as it moved through the Caribbean Sea south of Haiti.
But forecasters said the storm could become a hurricane again and emergency managers issued a hurricane watch for the low-lying Florida Keys, alerting residents to expect Ernesto to bring storm conditions to the 110-mile (177-km) island chain within 36 hours.
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on Sunday, August 27, 2006 at 3:11 PM.
