The price of oil the united states continues to crumble

Le prix du pétrole américain continue de s’effondrer

London | The price of a barrel of american oil continued its free fall Monday, losing more than 30% under 13 dollars a barrel, its lowest since more than two decades, in the face of a sharp drop in demand and u.s. supply near saturation.

The barrel to u.s. West Texas Intermediate (WTI) for delivery in may, of which this is the last day of trading, went down dramatically to 32,30% to 12,41 dollars, its lowest level since 1999. In comparison, it was worth about 114 million in 2011.

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