Oil Crashes to 1-Year Low

December 18th, 2018

Via: Bloomberg:

Economic jitters and surging supplies from the U.S. to Moscow dragged oil prices to the lowest level in 15 months.

Futures fell as much as 5.8 percent in New York on Tuesday. Anxieties about economic growth swirled after Chinese President Xi Jinping appeared to push back against U.S. President Donald Trump in a key Beijing speech. Meanwhile, American investors braced for an interest-rate hike.

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