Oil Prices Hit 6.5-Year Low


The Tesoro oil refinery is viewed from the air in Carson, California August 5, 2015.U.S. oil prices hit their lowest price since March 2009 on Friday, dropping to $41.35 a barrel. Some experts worry about a global oil glut that could drive prices even lower this winter.

Additional output by Iran, if export sanctions are eased, may contribute to a further drop. Read more at The Wall Street Journal.

{CB Frommer-Matzav.com}


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