12.11.2008 - Crude oil falls to lowest level in 20 months

From FT: Oil prices tumbled below $60 a barrel, their lowest level in 20 months, amid worries that the global economy was slowing more rapidly than expected. The drop led a broad retreat in commodity markets, with the Reuters-Jefferies CRB commodity index down 3.5 per cent to its lowest level in almost five years. The fall will further reduce inflationary pressures as central banks slash interest rates..... Full Article: Source

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