Oil “futures” have dropped on Monday, sinking below 46 dollars, for the first time in six years, after a report by Goldman Sachs which foresees that oil prices will remain low for the long-term.
February’s U.S. crude oil dropped by 2.29 USD or by 4.7% to 46.07 USD per barrel.
Crude oil prices were the lowest since April 2009.
Crude oil has already lost 57% of its value since June 2014 when it had achieved a high of 107.26 USD per barrel.
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