Oil Still Dropping
December 16th, 2014$53.80.
Via: Reuters:
U.S. stock index futures fell on Tuesday as a slide in the Russian rouble and crude oil prices sent traders fleeing risky assets.
The rouble (RUB=) lost more than 17 percent against the U.S. dollar even after Moscow’s central bank hiked its main interest rate to 17 percent from 10.5 percent.
Brent crude (LCOc1) lost nearly 4 percent after hitting a low of $58.50 and U.S. crude (CLc1) was down 3 percent at $54.21 after hitting $53.80.
