Oil plunged in the steepest fall in 17 years in New York on Tuesday amid concerns that slower economic growth in the United States, the world's largest energy consumer, could dampen demand.
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Oil prices plunge on worries about economic downturnPosted by UK Economy News
In UK financial news
15Jul 08 Oil plunged in the steepest fall in 17 years in New York on Tuesday amid concerns that slower economic growth in the United States, the world's largest energy consumer, could dampen demand.
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