The stunning collapse in oil markets accelerated Friday, with a barrel plunging below $78 as investors grow more pessimistic about a mushrooming global economic crisis.What, no one cares about the price of oil anymore?
A barrel of oil hasn't been this cheap in 13 months — a rare silver lining for consumers amid a rapidly imploding financial landscape.
Friday, October 10, 2008
The market is falling! Hurrah!
It's been a great week. The market price of oil has been falling: