Markets are in a state of frenzy as crude oil have sunk by 10% as the US House of Representatives has narrowly rejected a US$700 bln government bailout of the financial sector. New York's main contracct, light sweet crude for November delivery, fell by over 10 dollars to close at US$96.
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Wednesday, October 01, 2008
Oil prices plunge 10% as US House of Representatives rejects the US$700 bln bailout of the financial sector
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