It is now $40.55 barrel
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Yup, it just keeps getting lower. Possibly even $30 - $34 in the next 6 months As U.S. oil fell to a new six-year low $40.78 a barrel today, an increasing number of analysts and traders are saying prepare for crude dipping into the $30s, and soon.
Today...40 dollars and change...and stocks dropping for all the majors.
We were the told if it dropped to $40 a barrel that all bets are off and there will be lay offs within Rig Systems Aftermarket!!!
Current price,
41.87
It continues