Issues important to business . All that and more tonight for the nightly Business Report. Good evening, everyone, oil was the big news on wall street today with another sharp drop in prices. They touched 75 a barrel. Brent crude the International Benchmark fell to a fouryear low. The selloff was sparked by saudi arabias unexpected decision to cut what it charges the u. S. For crude. Theyre now worried that could open the way for more prices to climb as Oil Production is at an all time high, west texas crude was down 1. 59 a barrel close about 77. Jackie deangelis has more on the slide in oil prices as traders wonder how low can it bo . Reporter a blood bath in the crude pit. Traders saying saudi arabias price cuts yesterday were the trigger and the sec nickal seller. Opec was once again lowering prices, not cutting production. The dollar started to strengthen again. We traded through that 79 area. It looks like good resistance now. If next report would be the 74, 95 number. All eyes ar
Issues important to business . All that and more tonight for the nightly Business Report. Good evening, everyone, oil was the big news on wall street today with another sharp drop in prices. They touched 75 a barrel. Brent crude the International Benchmark fell to a fouryear low. The selloff was sparked by saudi arabias unexpected decision to cut what it charges the u. S. For crude. Theyre now worried that could open the way for more prices to climb as Oil Production is at an all time high, west texas crude was down 1. 59 a barrel close about 77. Jackie deangelis has more on the slide in oil prices as traders wonder how low can it bo . Reporter a blood bath in the crude pit. Traders saying saudi arabias price cuts yesterday were the trigger and the sec nickal seller. Opec was once again lowering prices, not cutting production. The dollar started to strengthen again. We traded through that 79 area. It looks like good resistance now. If next report would be the 74, 95 number. All eyes ar
Issues important to business . All that and more tonight for the nightly Business Report. Good evening, everyone, oil was the big news on wall street today with another sharp drop in prices. They touched 75 a barrel. Brent crude the International Benchmark fell to a fouryear low. The selloff was sparked by saudi arabias unexpected decision to cut what it charges the u. S. For crude. Theyre now worried that could open the way for more prices to climb as Oil Production is at an all time high, west texas crude was down 1. 59 a barrel close about 77. Jackie deangelis has more on the slide in oil prices as traders wonder how low can it bo . Reporter a blood bath in the crude pit. Traders saying saudi arabias price cuts yesterday were the trigger and the sec nickal seller. Opec was once again lowering prices, not cutting production. The dollar started to strengthen again. We traded through that 79 area. It looks like good resistance now. If next report would be the 74, 95 number. All eyes ar
Issues important to business . All that and more tonight for the nightly Business Report. Good evening, everyone, oil was the big news on wall street today with another sharp drop in prices. They touched 75 a barrel. Brent crude the International Benchmark fell to a fouryear low. The selloff was sparked by saudi arabias unexpected decision to cut what it charges the u. S. For crude. Theyre now worried that could open the way for more prices to climb as Oil Production is at an all time high, west texas crude was down 1. 59 a barrel close about 77. Jackie deangelis has more on the slide in oil prices as traders wonder how low can it bo . Reporter a blood bath in the crude pit. Traders saying saudi arabias price cuts yesterday were the trigger and the sec nickal seller. Opec was once again lowering prices, not cutting production. The dollar started to strengthen again. We traded through that 79 area. It looks like good resistance now. If next report would be the 74, 95 number. All eyes ar