Oil traders on the New York Mercantile Exchange are concerned that there is nothing left for them to fret about. The U.N. deadline for Iran passed without war breaking out, Hamas and Fatah are building a united Palestinian government, OPEC is keeping the taps wide open, and the Gulf of Mexico has so far avoided the 2006 hurricanes.With all this good news, the October crude oil futures contract plummeted 21% from a high of more than $80 per barrel to a low of just under $64 a barrel.
TheStreet.com Ratings: How to Play the Drop in Oil
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