Oil prices have have rebounded more than 40 percent over the past month, a welcome change for industrial distributors with customers tied to the oil and gas industry. So why did oil prices fall so far to begin with? Bloomberg examines the causes behind this one, and those in the past.
Here's Why Oil Prices Have Tanked Four Times In Three Decades
Oil prices have have rebounded more than 40 percent over the past month, a welcome change for industrial distributors with customers tied to the oil and gas industry. So why did oil prices fall so far to begin with? Bloomberg examines the causes behind this one, and those in the past.
Mar 17, 2016
Latest in Economy
U.S. Economic Growth Slowed Sharply Last Quarter
April 25, 2024
Hopes Rise for Broader Gains in Latest Earnings Season
April 22, 2024
Cutting Tool Orders Up 9% in February
April 19, 2024