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US crude oil has the longest daily loss since 1984.



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US crude oil has the longest daily loss since 1984.

US crude oil

2018-11-10 21:14:11

Oil prices have fallen by almost one percent as international oil prices skyrocket and investors fear that oil demand will slow in the wake of the longest daily loss of US crude since 1984.

Brent crude (Brent Crude) has dropped to $ 70 per barrel for the first time since early April and dropped nearly 20 percent since peaking in four years in early October.

Brent oil fell 47 cents, or 0.7 percent, to $ 70.18 a barrel. Crude shares fell about 3.6 percent in the week and more than 15 percent in the quarter.

According to Reventiv data, the US West Texas medium crude futures market declined for 10 consecutive days. This is the longest decline since July 1984.

Crude oil prices fell 48 cents, or 0.8 percent, to close at $ 60.19 a barrel.

US crude oil futures fell $ 1.14 to $ 59.26 a barrel, down 22 percent from its October high.

Added: November 10, 2018 First spring 1440
After: 51 minutes 28 seconds

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