Oil Is Getting Slammed Again, and Falling to Its Lowest Level in Years
Energy stocks are also taking a beating.
Oil Heading to $35 by May Before a Rebound: Iaccino
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Oil has taken another big tumble. The price of a barrel has dropped more than 4 percent, to a six-year low, dipping slightly below $43 per barrel.
Most the biggest falling stocks are all oil related, as well. Of the nine biggest losers on the day in the S&P 1500, as a percentage change, eight are companies in the oil and gas sector.