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Top News In Crudes Prices Today - Breaking & Trending Today
Morning after wall street closed mostly lower. the s&p 500 fell after energy stocks dropped 1.6%. that s because oil continues to decline. watching crudes prices, they fell another 2% to their lowest level in ten months. so that s still bear market territory. that s a 20% drop. we re seeing investors worried over a supply glut. that drop in oil prices means good news for drivers. gas is the cheapest in 12 years. prices have fallen every day since june 2nd. the average is down ten cents to $2.28 per gallon. we do see gas prices usually spike during the summer. low demand is driving prices down. and experts think they ll just keep falling. they predict this weekend we re going to see the cheapest prices so far this year. home sales increasing in may. that s a rebound from april. sales have seesawed from month to month. the problem is high demand and low supply. the number of houses for sale is actually at a 20-year low. ....