plunge in oil prices

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• plunge — ▪ I. plunge plunge 1 [plʌndʒ] verb [intransitive, transitive] JOURNALISM to suddenly and quickly go down in value or amount; = PLUMMET: • Stock prices plunged again yesterday. • The company s shares plunged 33% in a single day …   Financial and business terms

• plunge — plunge1 [plʌndʒ] v [Date: 1300 1400; : Old French; Origin: plongier, from Vulgar Latin plumbicare, from Latin plumbum lead ] 1.) [I,T always + adverb/preposition] to move, fall, or be thrown suddenly forwards or downwards plunge off/into etc ▪… …   Dictionary of contemporary English

• plunge — plunge1 [ plʌndʒ ] verb ** 1. ) intransitive to fall quickly from a high position: It was still dark when the helicopter plunged 500 feet into the sea. His car had plunged off the mountain road in heavy rain. a ) transitive to make someone or… …   Usage of the words and phrases in modern English

• plunge — I UK [plʌndʒ] / US verb Word forms plunge : present tense I/you/we/they plunge he/she/it plunges present participle plunging past tense plunged past participle plunged ** 1) [intransitive] to fall quickly from a high position It was still dark… …   English dictionary

• plunge — [plʌndʒ] verb [I] I 1) to fall quickly from a high position Syn: plummet The helicopter plunged 500 feet into the sea.[/ex] 2) if an amount or level plunges, it suddenly becomes much lower Syn: plummet The temperature is expected to plunge below… …   Dictionary for writing and speaking English

• plunge — 1 verb 1 (intransitive, transitive always + adv/prep) to move, fall, or be thrown suddenly forwards or downwards (+ off/into etc): Her car swerved and plunged off the cliff. | plunge to your death: The rope broke and both the climbers plunged… …   Longman dictionary of contemporary English

• plunge — 1. verb 1) Joy plunged into the sea Syn: dive, jump, throw oneself, launch oneself 2) the aircraft plunged to the ground Syn: plummet, nosedive, drop, fall, pitch, tumble, descend …   Thesaurus of popular words

• plunge — 1. verb 1) Joy plunged into the sea Syn: dive, jump, throw oneself 2) the aircraft plunged to the ground Syn: plummet, nosedive, drop, fall, tumble, descend 3) …   Synonyms and antonyms dictionary

• Chronology of world oil market events (1970-2005) — Basic OverviewThe 1970s See: 1970 1979 world oil market chronology 1970*January 1: U.S. Federal oil depletion allowance reduced from 27.5 to 22.0 percent. *May 3: TAP line from Saudi Arabia to the Mediterranean interrupted in Syria, creating all… …   Wikipedia

• Chronology of world oil market events (1970–2005) — Contents 1 Basic overview 2 The 1970s 2.1 1970 2.2 1971 …   Wikipedia

• 1990-1999 world oil market chronology — 1990*Aug: Iraq invades Kuwait. Crude and product prices soar upward; exchange markets react wildly to any middle east news events; cash markets dominate prices after trading hours; jet fuel prices rise to record spreads over other products due to …   Wikipedia