Reuters UK | Why oil prices are still dropping — in one simple chart Vox The price of oil keeps falling and falling and falling. Back in June 2014, Brent crude went for $115 per barrel. That price has dropped in half, down to $53 per barrel. And it's still declining today. I previously wrote an in-depth explanation for why ... Oil Keeps Falling US crude oil slips below $50 per barrel as glut fear deepens Saudi Arabia's $750 Billion Bet Drives Brent Oil Below $54 |