Oil prices will just not stop falling. Brent crude is down again today, to the lowest level since May 2009. It’s just dropped below $50 for the first time in six years.
That’s down by more than half since this time last year, when the price was well over $100. Here’s how it looks today (above) :
That follows West Texas Intermediate crude oil, the other benchmark price, which dropped below $50 two days ago. WTI is currently sitting below $48 for the first time in six years too…….
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Image : Investing.com