IBTimes -
2 Dec 2014 19:31
Energy analysts are wondering how low crude oil prices will fall after the more than 3 percent drop in global prices on Black Friday. The international benchmark for crude oil, known as Brent blend, dipped below $70 a barrel for the first time in four years. West Texas Intermediate (WTI), the benchmark U.S. crude oil, plunged 10 percent the same day to a four-year low of $65.69 a barrel.
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