Oil’s 24% Plunge in a Day Signals No End in Sight for Meltdown
An oil tanker in the Mediterranean sea is silhouetted against the hazy sky in the waters off the coast of Gibraltar. (Photographer: Marcelo del Pozo/Bloomberg)

Oil’s 24% Plunge in a Day Signals No End in Sight for Meltdown

(Bloomberg) -- Oil is ensnared in such a crisis that Wednesday’s 24% plunge in New York wasn’t even its worst day this month.
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