Editorial Comment

OIL PRICE TUMBLES 10%; WHILE AER LINGUS CHIEF DELIVERS PROFIT WARNING

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OIL PRICE TUMBLES 10%; WHILE AER LINGUS CHIEF DELIVERS PROFIT WARNING

The price of US crude oil fell 8.64% to $99.80 a barrel yesterday – the biggest one day fall since the height of the global financial crisis. Brent crude fell 9.78% to $109.02. The sharp increase in oil price was unsustainable at current levels as the high prices for air and car travel due to fuel...

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