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Wednesday, December 9, 2015

Oil price tumbles to lowest level in 7 years - Dec. 7, 2015

Good news drivers: oil prices have tumbled to the cheapest levels since the Great Recession.


Oil tumbled another 6% on Monday to as low as $37.50 a barrel, its weakest level in almost seven years. A massive supply glut has wiped out two-thirds of oil's value after it peaked at nearly $108 a barrel in June 2014.



Oil price tumbles to lowest level in 7 years - Dec. 7, 2015

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