CBC.ca | Oil tumbles 3 per cent but stocks hold ground CBC.ca Oil prices tumbled 3 percent on Monday and dragged the U.S. dollar down, but world stocks clung onto gains in a sign of stabilisation after a horrendous start to the year. Crude oil prices fell 3 percent as Iraq announced record-high oil production ... European shares inch lower as oil price rally fizzles out European stocks set for higher open as oil rebounds |