$10-a-barrel oil price plunge should bring relief at gas pump
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$10-a-barrel oil price plunge should bring relief at gas pump
What’s bad for the economy is sometimes good for motorists. High-profile bank failures sent stock market and crude oil prices plunging last week amid renewed concerns that a global recession could be taking shape. U.S. crude oil prices dropped about 13% over the past week, from $74.43 a barrel on March 14 to $64.54 in early morning trading on Monday.
·Deerfield Beach, United States
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