CNBC | This is how low traders see oil going now CNBC Crude oil broke below $40 per barrel Wednesday afternoon, hitting the lowest level since August as the dollar remains strong and economic growth appears to be weak. Crude found its lows shortly after the 2 p.m. EST release of the Federal Reserve's ... Dow off 159, negative for 2015 as US oil slides below $40 U.S. Stocks Sink as Oil Breaks $40; Treasuries Drop on Rate Bets |