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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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| Commodities | |||
|---|---|---|---|
| Gold | 2344.53 | +0.88 | |
| Silver | 27.94 | +0.01 | |
| Copper | 4.32 | +0.06 | |
| Oil | 85.45 | -0.14 | |
| Heating Oil | 2.68 | +0.02 | |
| Natural Gas | 1.77 | +0.01 | |
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