Oil drops more than 4 Percent as Commodities Plunge

15.12.2011
    By Gene Ramos     Oil tumbled more than 4 percent on Wednesday, the biggest drop in over two months as a commodities selloff led to breaches of key technical support.     Worries that the Organization of the Petroleum Exporting Countries lacked a mechanism to quickly trim production of individual member quotas, after agreeing on...