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Oil Crashes 8.7% From Last Week’s Peak as Middle East Tensions Rattle Markets

 Oil Crashes 8.7% From Last Week’s Peak as Middle East Tensions Rattle Markets

 

Oil Crashes 8.7% From Last Week’s Peak as Middle East Tensions Rattle MarketsU.S. stocks bounced back into positive territory as crude prices plunged more than 4% in the past 24 hours and have now slid 8.74% since June 12. Analysts at Deutsche Bank note that oil’s trajectory could oscillate unpredictably in the months ahead. $76 to $70: Crude Collapses as Nuclear Talks Stall While much attention remains […] 

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