Oil prices fall again The downward pressure on oil continues with Brent crude at around $48.00 a barrel. It followed reports of export data showing a rise in OPEC shipments. Prices in 2016 fell to a low of approximately $28.00 a barrel.

Oil pressure downward slide continues Oil down again. A barrel of Brent crude fell below $45.00 and US crude fell to below $43.00 a barrel – the lowest price so far this year. This is the lowest level now in seven months!

Crude oil price hits seven month low… US crude-oil prices have entered into bear-market territory. A 20% drop from its most recent high defines bear territory for oil. Now at $43.00 a barrel will OPEC and the big produces act again? I don’t trade oil futures but I follow it …