Quote:
Oil collapsed into free-fall Thursday, diving more than 10 per cent and sending U.S. crude back under $100 (U.S.) a barrel as investors staged an unprecedented stampede for the exits.
Weak economic data from Europe and the United States fed concerns that have battered commodities all week. German industrial orders fell unexpectedly in March while U.S. weekly jobless claims hit eight-month highs.
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http://www.theglobeandmail.com/repor...rticle2011177/
too bad by 6pm eastern time today oil is back up over $100