Oil Price News: Crude Oil Trading Below $50 A Barrel
Oil prices fell at the beginning of the week, dipping back below $50, as analysts see little evidence of the combination of oversupply and sluggish demand that has pummeled oil prices subsiding.
Oil prices fell at the beginning of the week, dipping back below $50, as analysts see little evidence of the combination of oversupply and sluggish demand that has pummeled oil prices subsiding.
Gold has tumbled 35% since reaching an all-time high just above $1900 an ounce in September 2011, as it fell 1.5% in 2014 after dropping 28% in 2013. Analyst Marc Faber believes that 2015 is now the time to move into the precious metal markets, as gold will increase around 30% in his opinion.