Oil Tumbles on Fears of Economic Slump

- September 6th, 2011

The Associated Press reports that oil plunged more than 2 percent on fears that the U.S. and Europe are headed for an economic slump.

The Associated Press reports that oil plunged more than 2 percent on fears that the U.S. and Europe are headed for an economic slump.

The market news is quoted as saying:

 

China and other developing nations are still going to drive oil demand.

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