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September 2, 2015

Think stocks are crazy? Oil is wild

  • The price of oil plunged 8 percent on Tuesday, following a three-day ascent of 27 percent, the biggest such jump in 25 years.
  • By JONATHAN FAHEY
    AP Energy Writer

    NEW YORK — Commodity markets are renowned for their booms and busts but the last four days in the crude oil market have even experienced traders wide-eyed.

    The price of oil plunged 8 percent on Tuesday, following a three-day ascent of 27 percent, the biggest such jump in 25 years.


     
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