Crude oil prices have fallen by over 37% in the month of October - Crude for December delivery dipped to US$63.12 a barrel.
Prices seem poised for their largest single month drop since the commencemment of trading in 1983, on concerns that the weakening economy of USA - the world´s largest energy consumer, will restrict fuel demand.
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Monday, November 03, 2008
Crude oil prices plunge by 37% in the month of October
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