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

- June 17th, 2011

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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