Amid growing fears regarding just how much the global economy is slowing, oil futures plunged on Thursday. NYMEX-traded crude plunged $3.25 or 4% to $78.20 per barrel marking the first settlement below $80 since October 2011 for West Texas Intermediate. In London, Brent crude gave up $2.99, or 3.3%, to settle at $89.. Read More --