Oil extends slump below $100, and the retreat is gathering momentum - News24

3/14/2022 12:00:00 AM3 years 1 month ago
by Saket Sundria
by Saket Sundria
West Texas Intermediate oil futures have shed around 20% since closing at the highest since 2008 a week ago, dropping below $100 a barrel on Tuesday. That followed a tumultuous period of trading that saw prices fluctuate wildly, with intraday swings for globa…
- West Texas Intermediate oil futures have shed around 20% since closing at the highest since 2008 a week ago, dropping below $100 a barrel on Tuesday.
- The latest developments to rattle… [+3036 chars] full article...