The price of crude oil falls below $80
Oil Falls Below $80 a Barrel Weakening growth, strengthening greenback weigh on crude expenses that are close to the degree they started out the yr. U.S. crude-oil expenses have fallen to a bargain of nearly $7 a barrel in contrast with Brent. SHARE TEXT COMMODITIESOIL MARKETS Oil Falls Below $80 a Barrel Weakening growth, strengthening greenback weigh on crude fees that are close to the degree they began the year U.S. crude-oil fees have fallen to a bargain of nearly $7 a barrel in contrast with Brent. PHOTO: BING GUAN/REUTERS By Anna HirtensteinFollow and Joe WallaceFollow Sept. 23, 2022 4:52 pm . U.S. oil fees fell beneath $80 a barrel for the first time due to the fact January, dragged down by means of mounting fears of a international recession and a unexpectedly strengthening U.S. dollar. West Texas Intermediate crude futures dropped 5.7% to shut at $78.74. The primary U.S. oil charge is down about 36% from its June height and almost to the place it starte...