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Oil plunges to 13-month low on global slowdown

                   
ddinews.gov.in
10-Oct-2008
        
Story Timeline:  43 days

Oil prices have been plunged in another violent sell-off on Friday, briefly tumbling below USD 78 a barrel as investors grow more pessimistic about the prospects for resolving a mushrooming global economic crisis. A barrel of oil hasn't been this cheap in 13 months. The steep losses came as Wall Street extended its staggering... [read full story]                    

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Latest article on this story:

Plunge in Oil Prices May Break Inflation

 israelnationalnews.com 13-Oct-2008
First article on this story:

Some Relief at the Pump as Oil Prices Hit 13-Month Low

 pctonline.com 10-Oct-2008
Selected publications with coverage of this story:
freerepublic.com newsvine.com israelnationalnews.com pctonline.com cnn.com ddinews.gov.in
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Plunge in Oil Prices May Break Inflation

israelnationalnews.com
13-Oct-2008
        

The dramatic plunge in oil prices will lead to a further cut in the price of the pump in two weeks if crude oil prices remain under or near the present $80 a barrel level. The cost of gasoline could go down as much as 15...