The Globe and Mail | Can Crude Oil Make A New High? Seeking Alpha When it comes to oil, the price of the energy commodity plunged from over $107 per barrel in June 2014 to lows of $26.05 in February 2016. In hindsight, the experience of the plunge that took the price of oil over 75% lower was the likely reason why ... Oil set for weekly drop as stock markets, US inventories weigh Oil set for weekly drop on growing fears over shale and Trump Oil Set for Weekly Drop on Growing Fears Over Shale and Tariffs |