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Crude futures are falling hard on Tuesday on reports that a global economic slowdown will likely have a detrimental effect on worldwide oil consumption.
West Texas crude was recently down $6.79 at $138.39 a barrel on the New York Mercantile Exchange. Earlier in the session, futures for West Texas crude were down as much as $9.26 a barrel.
Brent crude is down $5.92 at $138.00 a barrel. Reformulated gasoline is moving 17 cents lower at $3.38 a gallon, and heating oil is losing 15 cents at $3.91 a gallon. Near-term natural gas is down 42 cents at $11.54 per million British thermal units. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,471.58 | 1,108.86 | 2,175.81 | 32.75 |
Oil *
79.14
|
|
UP
126.74
|
UP
13.23
|
UP
31.21
|
UP
0.74
|
10 Yr
3.28%
SPDR Gold
117.38
|
|
+1.23%
|
+1.21%
|
+1.46%
|
+2.31%
|
Data delayed 20 minutes |
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