Crude Oil Prices Drop Below $73 As Demand Concerns Increase

Oil prices plummeted dramatically on the global commodities market, and this pressure persisted into early morning trade today. ICE Brent declined roughly 4.9% on the day, falling below US$74 per barrel, according to ING commodities strategists in a note released Wednesday. Analysts believe the sell-off was spurred by a larger risk-off trend, which also put … Continue reading Crude Oil Prices Drop Below $73 As Demand Concerns Increase