US oil falls below $40 first time in six years
The U.S. benchmark hit 6-1/2 year lows near $40 a barrel on Wednesday and Brent crude for October delivery LCOc1 was down 29 cents at $46.33, after settling 54 cents lower in the previous session. Oil is down 34 percent from its high of $61.43 this year, and 62 percent from its...
Posted On Aug 21 2015