NFC: Oil Speculators Getting creamed Today
From: Rick (Forza355verizon.net)
Date: Thu, 5 May 2011 11:48:38 -0700 (PDT)

Some good news finally

 

Oil plummets more than 8 percent as commodities battered

NEW YORK | Thu May 5, 2011 2:18pm EDT

NEW YORK (Reuters) - Oil plunged more than 8 percent on Thursday, heading for the third biggest daily drop in dollar terms on record, as concerns about economic growth and monetary tightening spurred a sell-off in commodities.

 

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