Crude Oil Price Chart: This Is the 4th-Largest Drop in 30 Years

(Before It's News)

West Texas Intermediate (WTI) crude oil dropped to $63.38 yesterday (Monday). At that level, the price of oil is now down more than 42% since September of 2013.

As this crude oil price chart shows, that’s the fourth-largest bear market for oil in the last 30 years.

And while this isn’t the biggest drop for oil, it is the longest bear market among the top five dips.

The post Crude Oil Price Chart: This Is the 4th-Largest Drop in 30 Years appeared first on Money Morning – Only the News You Can Profit From.

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