Friday, November 23, 2018

Oil Prices Down Year-over-year

From CNBC: Oil plunges 7% to lowest level in more than a year Oil prices slumped on Friday to their lowest levels in more than a year, deepening a rapid seven-week sell-off that has plunged crude futures deep into a bear market. … International benchmark Brent crude dropped $3.52, or 5.6 percent, to $59.08 at 10:20 a.m. ET. The contract hit $58.92, its lowest level since Oct. 27, 2017, earlier in the session. U.S. benchmark West Texas Intermediate crude fell $3.59, or 6.6 percent, to $51.04. WTI briefly slid about 7 percent to $50.60, its weakest price since Oct. 12, 2017. Click on graph for......(read more)
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