Home Uncategorized Oil plunges, BP reports steep slide in profits

Oil plunges, BP reports steep slide in profits

207
0
Oil prices tumbled again overnight, with WTI crude oil June contracts sitting at 10.50 a barrel this morning, a fall of more than 30 in just over 24 hours. The spot price is around 12.60 a barrel having fallen further below the significant support level, just above 20 a barrel, which was broken yesterday.