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Oil Prices Continue to Drop
Oil futures declined again in early Monday trading in Asia, this time to a five-year low of about $64 per barrel for West Texas Intermediate and a new four-year low of about $68 for Brent crude.
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Oil futures declined again in early Monday trading in Asia, this time to a five-year low of about $64 per barrel for West Texas Intermediate and a new four-year low of about $68 for Brent crude.
Both indexes have now declined for the past five consecutive months. The last slide of equal length occurred in 2008 during the global financial crisis.
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