2015 as it was this year . We have all that and more tonight on nightly Business Report for monday, december 29th. Good evening, everyone. Im susie gharib. Im Bill Griffeth in for tyler mathisen. The price of oil fell to a fresh multiyear low today on expectations that a global glut of crude oil may keep growing into the new year. Now, it didnt start out that way. Oil today actually began the session higher on concerns that unrest in libya could put a cramp on global supplies but by the close of trade, futures had dipped to a new fiveyear low on a swell in supplies. Light sweet crude closed at 53. 61 a barrel and the benchmark brent crude in dlon was down 1. 57 closing at a 5 1 2 year low of 57. 88 a barrel. Jackie deangelis has more on todays wild swings in the price of crude and what could affect Oil Prices Moving forward. Reporter another volatile day for crude prices. We saw a bit of a pop in prices this morning after traders were concerned about reports of clashes in libya around
Report for monday, december 29th. Good evening, everyone. Im susie gharib. Im Bill Griffeth in for tyler mathisen. The price of oil fell to a fresh multiyear low today on expectations that a global glut of crude oil may keep growing into the new year. Now, it didnt start out that way. Oil today actually began the session higher on concerns that unrest in libya could put a cramp on global supplies but by the close of trade, futures had dipped to a new fiveyear low on a swell in supplies. Light sweet crude closed at 53. 61 a barrel and the benchmark brent crude in dlon was down 1. 57 closing at a 5 1 2 year low of 57. 88 a barrel. Jackie deangelis has more on todays wild swings in the price of crude and what could affect Oil Prices Moving forward. Reporter another volatile day for crude prices. We saw a bit of a pop in prices this morning after traders were concerned about reports of clashes in libya around one of the key export termen always but then prices went sharply lower, closing a
2015 as it was this year . We have all that and more tonight on nightly Business Report for monday, december 29th. Good evening, everyone. Im susie gharib. Im Bill Griffeth in for tyler mathisen. The price of oil fell to a fresh multiyear low today on expectations that a global glut of crude oil may keep growing into the new year. Now, it didnt start out that way. Oil today actually began the session higher on concerns that unrest in libya could put a cramp on global supplies but by the close of trade, futures had dipped to a new fiveyear low on a swell in supplies. Light sweet crude closed at 53. 61 a barrel and the benchmark brent crude in dlon was down 1. 57 closing at a 5 1 2 year low of 57. 88 a barrel. Jackie deangelis has more on todays wild swings in the price of crude and what could affect Oil Prices Moving forward. Reporter another volatile day for crude prices. We saw a bit of a pop in prices this morning after traders were concerned about reports of clashes in libya around
First sixday winning streak since july. About 500 points shy of an alltime high. Bob pisani, how about those markets . Over to you. We are having a great day here. We have a crowd behind me, maria. This is delta. Delta is going into the s p 500. They are gathering orders right now. Were waiting to close it it. It isnt yet closed. The stock is trading up 4. 5 , replacing bnc software delta, doing into the s p 500. That hasnt changed yet. We havent got a final print. Theyll buy a lot of stock and they want the final print here. That number may or may not stand there. 22. 61. Lets move on here, the s p 500, maria had it exactly right as she usually does. Important thing here, six days in a row on the s p 500. Thats quite a move. Why is it important . Because september is usually a lousy month. Yet were up almost 3 . And weve been up since the beginning of may. A lot of the old wives stories about how the market should behave arent necessarily working that well this year. Let me give you a