Pages Navigation Menu

Corrosion Engineering | Electrical Engineering

MARKET WATCH: Crude oil benchmarks fall with declining equity markets

Both light, sweet crude oil on the New York market and Brent in London toppled by more than $2/bbl on Oct. 11 following a 2-day selloff across equity markets worldwide. “Brent even dipped briefly below $80/bbl,” Commerzbank analysts said of late Oct. 11 trading. “Headwind came once again from further falling stock markets,” they said Oct. 12.

Continue Reading »