OIL - Crude Oil Ignores Other Markets But Falls At The End Of The Week
The price of crude oil has made quite a comeback in 2019. After falling from a high at $76.90 per barrel on the nearby NYMEX futures contract on October 3, the price plunged to a low at $42.36 on December 24 which turned out to be a bottom for the energy commodity. Crude oil fell to within 21 cents of the June 2017 low before turning higher. The most recent peak was at $57.88 per barrel on March 1, and on Monday, March 4, the price settled at $56.59 per barrel a little over $1