Monday, November 3, 2014

Oil Prices Keep Dropping

Oil prices dropped again today, with Brent losing more than a dollar to post below $85/barrel mark. The plummeting prices in the past two months are causing serious budgetary problems for Iran and other Persian Gulf producers.  Declining


Mark Pyruz said...

With a discount provided by a supermarket marketing scheme, I paid $3.31 per gallon for supreme last weekend. Fabulous!

Anonymous said...

prices are dipping below $3.00.


WASHINGTON (Oct. 31, 2014) – The national average price of gas tomorrow will drop below $3.00 per gallon for the first time since Dec. 22, 2010, ending its longest streak ever above that price, according to AAA. AAA estimates that lower gas prices are helping consumers save at least $250 million per day on gasoline compared to early summer when the national average reached $3.68 per gallon.

Kemjika said...

this dip is just temporary and oil futures investors are seeing one of their best jump-in moments now. its not going to stay for long.