Oil Price | Offshore Post

Black Monday Brings Oil Crashing Into $30s A Barrel

Published at 09:57AM - 25/08/15
Barrels Of Crude Oil At Shell Storage Plant

Global oil prices continued to slump yet further to another low, as US crude benchmark West Texas Intermediate (WTI) closed in the $30s Monday.

Oil Drops Below $40 A Barrel As Global Slide Continues

Published at 11:43AM - 22/08/15
An Oil Trader Works On The NYMEX Trading Floor, New York As Brent Crude Oil Falls Below $28 A Barrel

The price of a barrel of oil dropped below US$40 for a time Friday, as the world’s global markets continue to slide in its longest loosing streak in almost 30 years.