Showing posts with label US oil dived again yesterday. Show all posts
Showing posts with label US oil dived again yesterday. Show all posts

Saturday, 22 August 2015

Oil sinks to $40, logs longest weekly losing streak in 29 years

US oil prices dived again yesterday, threatening to dip below $40 a barrel for the first time since the financial crisis and notching their longest weekly losing streak since 1986, as a drop in Chinese manufacturing rattled global markets.