What’s happening to the price of oil?
Stanley Reed, New York Times (NY Times)
November 20, 2018
Who was cited:
James Davis, Director of Short-Term Oil Service
Oil prices have plummeted in recent days, months after surging to their highest point since 2014. After topping $75 a barrel in early October, the price of West Texas intermediate, the North American benchmark, has fallen by roughly one-quarter. Brent crude, the international standard, has had a comparable decline.