Tag: plunge

BUSINESS

Oil Prices Plunge

Oil prices plunged to their lowest levels in over a year Thursday, deepening a sell-off fueled by concerns about oversupply as stock markets slumped on rising U.S. interest rates. U.S. West Texas Intermediate crude ended Thursday’s session down $2.29, or 4.8 percent, at $45.88, the lowest closing price since July 2017. Brent crude, the international benchmark for oil prices was […]