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Crude Oil Reaches 6-1/2-Year Low And Drags Equity Markets Lower

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 8, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Crude oil printed fell to a fresh 6-1/2-year low in the US session yesterday as OPEC’s decision weighs. West Texas Intermediate reached $37.50 a barrel, while Brent crude fell to $40.60, the lowest level since February 2009 for both of them. Crude oil is down almost 30% over 2015 after dropping roughly 50% in 2014.[​IMG]

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