Latest Breaking News On - Mark brent - Page 2 : comparemela.com

Pleasant thanksgiving holiday. The dow was able to squeeze out just enough of a game to notch a fresh record close on a holiday shortened day on wall street. But, the big story of the day was another tumble. And i do mean a tumble in the price of oil. Rattling the Energy Sector and keeping equities from making even more gains today. Todays big drop in crude prices. Comes after opec ministers voted on thursday not to cut production levels, despite lower demand and an oversupply on the market. Some analysts expected the cartel to cut production to help end a monthlong freefall in oil prices. They are down about 40 just since june. But no cuts came, and oil prices spilled like they had sprung a leak. Domestic crude off 10 today, tanking at 7. 54 to close at a 4 1 2 year low of 66. 15 a barrel. The International Bench mark brent fell another 2 to a fresh multiyear low of 70. 15 a barrel. Now with the price of oil plunging how bad could it get in the Energy Sectors . Bertha coombs has more.

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