Nov 9, 2018
A Day After Entering Bear Market, WTI Posts Record Slide
Bloomberg News
,(Bloomberg) -- Oil’s slump just got much worse. After entering a bear market on Thursday, West Texas Intermediate crude fell for a record tenth straight session on Friday. Futures in New York settled at $60.19 a barrel, capping a fifth straight week of declines.
To contact the reporter on this story: Sophie Caronello in Washington at scaronello@bloomberg.net
To contact the editors responsible for this story: Sophie Caronello at scaronello@bloomberg.net, Nancy Moran, David Marino
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