Source: CCTV.com

09-23-2008 13:39

Traders in the oil options pit work at the New York Mercantile Exchange. Crude prices soared over 20 percent Monday, the biggest ever one-day gain on record. (Xinhua/Reuters Photo)
Traders in the oil options pit work at the New York Mercantile
Exchange. Crude prices soared over 20 percent Monday, the 
biggest ever one-day gain on record. (Xinhua/Reuters Photo)

The massive bailout plan by the US government has hit an impasse as different parties disagree over its exact terms. But in the meantime, oil prices have scored their biggest gain in a single day on concerns that the rescue package could devalue the greenback, the currency in which oil is traded.

 

Editor:Xiong Qu