Home Business Oil plunges 6 percent as economic slowdown fears grip market Business Oil plunges 6 percent as economic slowdown fears grip market By Genpie - December 25, 2018 205 0 Facebook Twitter Google+ Pinterest WhatsApp Oil prices plunged more than 6 percent to the lowest level in more than a year on Monday, pulling back sharply late in the session as fears of an economic slowdown rattled the market.