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Friday, March 20, 2015

Crude Oil plunges to a 6-year low Monday March 16,2015

Crude Oil plunged 4% to as low as $42.85 a barrel on Monday March 16,2015. That's the lowest price since March 2009 and marks the fifth consecutive day of losses.

The supply glut that sparked the dramatic crash in crude from $100 a barrel last summer to under $50 in January remains. Oil settled at $43.88 on Monday March 16,2015

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