Oil prices plunged below $130 a barrel yesterday, extending a sharp three-day decline and fuelling a second day of big gains in stocks that lifted Wall Street out of bear market territory.
The continued fall in oil, which last week reached a record high of $147.27, combined with the rally in bank stocks to brighten what a few days ago looked like an increasingly bleak financial and economic outlook.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/oil-price-plunge-could-provide-breathing-space-inflation
[2] http://admin.indiaenvironmentportal.org.in/category/author/javier-blas
[3] http://admin.indiaenvironmentportal.org.in/category/author/michael-mackenzie
[4] http://admin.indiaenvironmentportal.org.in/category/author/krishna-guha
[5] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-times-london
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/economy
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/iran
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/saudi-arabia
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/united-states-america-us
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fuel-pricing
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/international-monetary-fund-imf
