November 11, 2008
Oil prices plunge to a 20-month low

Crude oil prices fell below $60 a barrel, marking a 20-month low and raising concerns of an impending recession.

Peter Coy, economics editor of Business Week magazine, speaks with Martin Savidge about the effect of price drops on oil producers and the future of oil prices.

For more on oil and other resources, see our interactive map: The world according to energy

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