Oil prices have dropped over $4 In the last 48 hours bringing the price of oil below $50 a barrel. This is the lowest oil prices have been since last November as crude has held steady over $52-$54 in the last 6 months.
Some experts claim this is a quick dip and oil prices will rebound quickly, while others predict this is something bigger that the industry should be concerned about.
Follow Oilfield1 to stay up to date with the latest oil prices & industry news.
Leave a Reply