AND SUPPLY ALWAYS DOES:

Oil prices fall below $66 a barrel (MADLEN READ, 9/11/06, The Associated Press)

Oil prices dropped below $66 a barrel Monday, after Iran said it would consider halting its enrichment of uranium and OPEC ministers said they would maintain their 28 million barrel-a-day production target.

These developments supported the view that supplies will outpace demand _ a market sentiment that has pushed crude oil prices down about 16 percent from their all-time record reached in mid-July.

"When supply exceeds demand, commodities have one way to go, and that's down," said Oppenheimer & Co. analyst Fadel Gheit. "Barring a global crisis, or a major supply disruption, I think the trend will continue."