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Crashing Crude Oil Prices: A Sign of Oncoming Recession?

Crude Oil in Record Setting Plunge. Just two weeks ago, a barrel of West Texas Intermediate Crude Oil (WTIC) fetched $75, a new multi-year high.  Today, that same barrel trades at just above $55, a loss of 27%.   This price collapse in Oil was the largest in that short of a time period in […]

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