Crude Oil Dips Below $70 Per Barrel Mark For First Time Since April

Crude Oil Dips Below $70 Per Barrel Mark For First Time Since April

US light crude fell to an eight-month low below $60 a barrel, hitting a trough of $59.78, down 89 cents and off more than 20% since early October.

Commodities | | Updated: November 09, 2018 16:31 IST
Crude Oil Dips Below $70 Per Barrel Mark For First Time Since April

Oil peaked in October on concerns that U.S. sanctions on Iran that came into force this week