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Cars Blog

Oil plunges to $92 in Asia on US credit fears

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September 16, 2008 9:56 am
By Peter C. T. Elsworth

VIENNA -- Oil prices plummeted Tuesday, falling briefly below $92 a barrel and reflecting market fears that the U.S. credit crisis which brought down brokerage giant Lehman Brothers will drag on global economic growth and restrain demand for crude, according to The Associated Press.


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