Steep drop in oil prices
8 Mar 2020 U.S. stock futures tumbled Sunday following a sharp drop in oil prices, as Wall Street grapples with economic disruptions from the virus 9 Mar 2020 Overall, the drop in prices could also signal a harder slide for the global ramp up its oil production, resulting in the sharp decrease in price. 6 May 2019 From 1999 to 2008, the price of crude oil saw an unprecedented spike, going from between $100 and $125 until 2014, when it experienced another steep drop. Numerous factors contributed to the 2014 drop in oil prices.