Oil Prices Plunge on Economic Worries
New York, NY, Sept. 22, 2011 -- Oil prices are down sharply along with the stock market Thursday morning.
Benchmark crude on Thursday plunged $5.16, or 6%, to $80.76 per barrel in New York. Brent crude fell $4.62, or 4%, to $105.74 in London.
Prices fell after the Federal Reserve said yesterday that it is concerned about a slow recovery.