OIl Prices To Ease

Oil prices drop slightly on Tuesday; it slipped 27 cents to $41.45 in pre-opening electronic dealing.
Traders believe that producers will suppress the world?s demand of oil.
The price of benchmark Brent North Sea crude oil for July delivery fell 45 cents to $37.72 in late morning trading in London, having surged by $1.66 a day earlier.
New York?s light sweet crude for delivery in July soared $1.79 Monday to finish at $41.72 a barrel.
Traders are worried that Saudi Arabia has neither the capacity nor the support of other OPEC members to increase production by enough to meet rampant demand.