Crude-oil futures tanked for a ninth straight session Monday, a milestone in the commodity’s poor performance history. Lack of demand, again, has investors looking to sell.
MarketWatch.com: Crude for January delivery ended down 36 cents, or 0.5%, at $69.51 a barrel on the New York Mercantile Exchange. The nine-day loss was the longest such streak since July 2001.
Join the conversation about this story »
See Also:
- Crude Oil Futures Drop As Report Shows Growing Reserves, Falling Demand
- Oil Drops Below $70. End Demand Remains Very Weak