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Oil is crashing again!

harimau

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Crash baby crash!

Oil is crashing again
by [email protected] (Oscar Williams-Grut)
Business InsiderToday, 10:39 am
After a rally on Friday, oil is tanking again on Monday morning.

Oil rocketed 8% on Friday, boosting stock markets around the world. Both Brent and US crude were trading higher in early trade on Monday.

But, at 9.30 a.m. GMT (4.30 a.m. ET), the price is diving again.

Brent is down 2.33% at $32.08:BrentInvesting.com

While US crude is down 2.53% at $31.38.US Investing.com

NOW WATCH: Jim Cramer's inspiring words on how to come back from a beatdown

See Also:

Oil is bouncing thanks to China
The £85 billion company behind Ben & Jerry's neatly explained why low oil prices are bad for global growth
WIPEOUT: A simple table sums up how bad the oil and metals price rout has been over the last year
 
Dun be an alarmist. This is just a minor market correction.
 
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