Sydney Morning Herald | A return to oil at $32 a barrel is no longer unthinkable Quartz After plunging below $50 per barrel, oil has just a few hours later pushed on without resistance and seems headed for the $30s, a price not seen since the doldrums of 2008. The immediate trigger has been a swatting down of a market rumor that OPEC ... Plummeting oil price explained in four graphs Iran's Rouhani says countries behind oil price drop will suffer Oil prices at 5-year low: What is behind the drop? |