Business Insider | Crude oil is crashing Business Insider In early afternoon trade on Monday, West Texas Intermediate crude oil was down over 7% as one point, touching $52.48 a barrel at the absolute low. This is the biggest intraday move for crude oil since February and the lowest price for WTI crude since ... Crude oil tumbles 8%, points to lower gas prices this fall Why the oil price crashed overnight Oil crashes 8 percent as Greek vote, Iran talks set off exodus |