Crude oil prices plunged 5.4 percent yesterday, falling below $100 a barrel for first time since Feb. 15 as traders and investors worried about lower oil demand from a weakened economy and the prospect that troubled financial firms would curtail oil trading or liquidate positions. -
Oil Drops Below $100 A Barrel
Crude oil prices plunged 5.4 percent yesterday, falling below $100 a barrel for first time since Feb. 15 as traders and investors worried about lower oil demand from a weakened economy and the prospect that troubled financial firms would curtail oil trading or liquidate positions.-
By Steven Mufson