ForexLive | Oil prices are tanking right now; US crude drops below $45 a barrel to 5-week low CNBC Oil prices are tanking right now; US crude drops below $45 a barrel to 5-week low. U.S. West Texas Intermediate crude futures fell below $45 a barrel, nearly 4 percent. The drop came after a disappointing report on U.S. crude oil and gasoline stockpiles. This lonely drifting tanker carrying 2 million barrels nobody wants to buy sums up global oil's struggle Crude oil crumbles to lowest since May 5 Energy Sector Faces Worst Daily Drop In 3 Months As Oil Prices Tumble |