- June 23, 2017
- Economy , Investments
- Comments : 0
Oil tumbles, closes in a bear market, down more than 20 percent from 2017 high
Oil prices are trading below $43 a barrel, striking the lowest levels since mid-November. The fresh leg lower came on signs of rising output from Nigeria and Libya, two OPEC members exempt from cutting supply. Oil prices will likely dip below $40 a barrel, said Again Capital’s John Kilduff. Oi...