Crude Oil Price Plummets Amid Recession Fears
This is a U.S. news story, published by calgaryherald, that relates primarily to TSX news.
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oil pricescalgaryherald
•Business
Business & Economics
Canadian energy stocks dragged down by steep drop in global crude oil prices

63% Informative
West Texas Intermediate crude, the key U.S. benchmark, dropped as low as US$60.45 per barrel today .
The energy index on the TSX was down 8.5 per cent mid-afternoon on a day when the overall Canadian stock market was off about four per cent .
Alberta budget is forecasting oil prices at US$ 68 per barrel and the provincial government says every drop in the WTI price means a C$750 million hit to the provincial treasury.
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