Crude Oil Tanks Due To Weak Demand, Drops Below $80 A Barrel

Energy stocks like Exxon Mobil Corp (XOM) are down today after a bear market in equities and a weakened demand for oil in the United States.

Crude oil is really feeling the heat, dropping 2% today to $79.58, falling below $80 a barrel for the first time since early March.

oil futures march 15th

Photo: FinViz

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