Oil prices plunge after IMF cuts global growth forecast
Oil prices fell more than 5% Tuesday, as investors fretted about a reduction in demand after the International Monetary Fund lowered its global growth projection. Brent crude, the main international oil contract, was down 5.4 percent to $107.11 per barrel at 1530 GMT, while WTI, the main US oil contract, was down 5.5 percent to … Read more