Oil prices fall Stock markets are up – oil is down. It appears oversupply fears are playing a part in dragging prices down. It’s beginning to look like oil prices may level out at around $50.00 a barrel.

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!