Crude oil prices plunged by over a dollar, after a meeting between French and German leaders failed to relieve worries about the euro zone debt crisis. Heads of State of France and Germany proposed a tax on financial transactions and closer joint governance of economic policy, but did not propose increasing the euro zone bailout fund or selling euro zone bonds.
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Thursday, August 18, 2011
Disappointing outcome of meeting between French and German leaders tanks oil prices
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