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Oil Update: Crude and Stocks Tumble

Stock quotes in this article: CVX , XOM , MRO , OXY , COP , MUR  

We're through the looking glass here people.

After the release of some disheartening consumer confidence figures, and following Chevron's bearish interim update yesterday, the price of crude slipped again today.

But today's slide continued past the psychologically resonant $60 mark. Crude for August delivery on the New York Mercantile Exchange dropped 52 cents to settle at $59.89 a barrel today. On the whole, oil has fallen a whopping 10% in the week. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,285.97 1,091.93 2,172.99 33.92
Oil *
75.40
DOWN
104.14
DOWN
11.32
DOWN
16.62
DOWN
0.56
10 Yr
3.39%
SPDR Gold
110.95
-1.00%
-1.03%
-0.76%
-1.62%
Data delayed 20 minutes

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