The Sydney Morning Herald reports oil plunged below $92 to a seven-month low in Asian trade.
The price of a barrel of crude fell 4.2%, or $4.06, to $91.65, marking a more than 35% drop from its record high of $US145 in early July. The cost of crude rolled back to levels not seen since mid-February, according to data from Bloomberg.
As our local radio stations keep telling us, maybe the glass is half full.
