News Ticker

Yesterday Oils Worst Day in 2019, Dropping Almost $4.00

Oil spiraled to its worst daily performance of the year as mounting trade tensions between the world’s biggest economies sent investors fleeing from risky assets.

Oilfield1 Shop

Futures in New York fell almost 6% on Thursday for the steepest decline since Dec. 24. Equity markets also slumped, with six of every seven companies in the S&P 500 Index dropping after China assailed American sanctions and U.S. lawmakers proposed a ban on Chinese 5G technology.

West Texas Intermediate crude for July delivery settled down $3.51 at $57.91 a barrel on the New York Mercantile Exchange. Brent, the international benchmark, dipped 4.5% to close at $67.76 on London’s ICE Europe Futures.[read more]

In the spotlight

American Oilfield Caps

by Joey Morin in Ad

Checkout these awesome new American Oilfield caps now available on the Oilfield1 Shop!!! American Oilfield Caps – Click [...]

0 Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: