More economic woes mean lower oil prices – but is the drop in line with the markets?

International Consolidated Airlines Group (IAG) was one of the day’s biggest fallers yesterday on the FTSE100 as investors moved away from anything that cannot be seen as rock solid in the short term. The airline lost 9.2p to 162.6p after Willie Walsh, the airline’s chief executive, said it was in talks with potential buyers of bmi baby, but he was not confident of a sale. However this presents an opportunity for investors to get in while value is there – as the deal price reduction under the BA/Lufthansa agreement will cover financial costs of shut-down (redundancy payments, existing contract renegotiation