Economics
U.S. Commodities: Oil Falls After Japan Quake Shuts Refineries
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Crude oil fell, capping the first weekly drop in a month, after Japan’s strongest earthquake on record shut refineries and dissidents in Saudi Arabia failed to stage planned protests.
The 8.9-magnitude temblor unleashed a 7-meter (23-foot) tsunami that killed hundreds of people in Japan, the world’s third-largest oil-consuming country. Saudi Arabian police and anti-riot vehicles patrolled central Riyadh today, preventing a “Day of Rage” proclaimed by activists.