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Oil Prices Fall to Their Lowest Since 2009 Recession - New York Times
New York Times | Oil Prices Fall to Their Lowest Since 2009 Recession New York Times HOUSTON — Oil prices took another sharp turn downward on Monday to levels not seen since the depths of the 2009 recession as several international banks predicted even lower prices later this year because of an oversupplied global crude market. Here's what happens when oil prices crash – and it's not pretty for producers How low can oil prices go? Welcome to the oil market's old normal Oil at new low after double-whammy from Goldman, Saudi |
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