Oil Prices Hit Lowest Of The Year
- 5 years ago
According to Reuters, oil prices slipped by more than 6-percent as they headed towards their lowest in more than a year.
By the afternoon on Nov. 23rd, the international benchmark dropped by $3.13, bringing Brent crude oil to $59.47.
Though Brent crude lost 5-percent during morning trading, the price for West Texas Intermediate crude fell 6.1-percent.
Losing $3.35 in the morning, West Texas Intermediate is down to $50.53 a barrel.
Oil prices have not been that low since October, 2017
By the afternoon on Nov. 23rd, the international benchmark dropped by $3.13, bringing Brent crude oil to $59.47.
Though Brent crude lost 5-percent during morning trading, the price for West Texas Intermediate crude fell 6.1-percent.
Losing $3.35 in the morning, West Texas Intermediate is down to $50.53 a barrel.
Oil prices have not been that low since October, 2017