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US crude sinks 6.6%, settling at $53.43, lowest level since October 2017 - CNBC
CNBC | US crude sinks 6.6%, settling at $53.43, lowest level since October 2017 CNBC Oil prices plummeted as much as 7 percent on Tuesday, snapping four days of gains and renewing a sell-off that has plunged crude futures into a bear market. The renewed selling in the energy complex dovetailed with a sharp pullback in the stock market. US oil benchmark sinks 7%, poised for lowest finish in over a year Oil Falls to Lowest in a Year on Concerns of Looming Supply Glut Oil prices drop more than 5% to fresh one-year lows |
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