Crude Oil Declines as Stocks Fall on DAX Plunge

Oil and Gas Investing

Bloomberg reports that crude oil declines following equities, after panic selling pushed Germany’s DAX Index lower.

Bloomberg reports that crude oil declines following equities, after panic selling pushed Germany’s DAX Index lower.

The market news is quoted as saying:

Crude oil for October delivery dropped 24 cents, or 0.3 percent, to $84.92 a barrel at 12:16 p.m. on the New York Mercantile Exchange.

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