Oil futures prices continued to slip to...
- Share via
Oil futures prices continued to slip to levels not seen since October, 1986, as traders remained skeptical about OPEC’s ability to cease its overproduction. There was no fresh news to account for the decline, but traders said confidence was lacking after Tuesday’s plunge in prices. On the New York Mercantile Exchange, the October contract for delivery of West Texas Intermediate, the benchmark grade of U.S. crude, fell 8 cents a barrel to $14.16. The contract had dropped 55 cents a barrel on Tuesday.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
