Forbes | Crude Oil Prices In 2016: Made In China? Forbes The year 2016 has started on a shaky note for the commodity markets. The global benchmarks for crude oil – Brent and WTI – have plunged close to 20% since the beginning of the year, hitting their 13-year lows of under $30 per barrel, as the market ... Thanks to the Iran Nuclear Deal, the World Is About to “Drown” In Oil Crude oil could rally 35% from here: Soc Gen Oil plunges further amid global glut |