Crude oil for November delivery fell by 10% to US$77.70 a barrel on the New York Mercantile Exchange, the lowest settlement since Sept. 10, 2007. Brent crude oil for November settlement also dipped byy 10% to settle at US$74 a barrel on London's ICE Futures Europe exchange, the lowest settlement since Sept.
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Monday, October 13, 2008
Crude oil plunges to US$78-the year's lowest level
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