Crude Oil Falls to Near a Four-Month Low on European Debt Crisis

Oil and Gas Investing

Bloomberg reports that Oil plunged to the lowest level in almost four months.

Bloomberg reports that Oil plunged to the lowest level in almost four months.

The market news is quoted as saying:

Crude oil for July delivery dropped $2.39, or 2.5 percent, to $92.56 a barrel at 1:05 p.m. on the New York Mercantile Exchange.

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