Crude Oil Falls For the 3rd Day to $74.70 a Barrel

Crude Oil Falls For the 3rd Day to $74.70 a Barrel

Crude oil fell to a session low of $74.70 a barrel yesterday. After starting out at ‎around $76.50 a barrel, oil saw a sharp drop before correcting some of its losses to end ‎the day around $75.50 a barrel.‎ Crude fell yesterday after U.S. regulators agreed to a Friday Restart of Enbridge’s ‎biggest pipeline from […] [...more]

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Oil Declines for 5th Consecutive Trading Session

Oil Declines for 5th Consecutive Trading Session

Spot crude oil prices continued their decline yesterday. Causing the drop in the price was weaker than expected Japanese GDP data and a slumping U.S. dollar. This was the 5th consecutive drop in spot crude oil prices. The recent declines have amounted to more than $5 in the value of the commodity. The price of […] [...more]

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