Why do oil prices keep going down?
- Written by The Conversation Contributor
Oil's continuing slide so far isn't leading to lower U.S. production, but concerns are growing that it'll drive some out of business. ReutersGlobal stock markets have been in a tailspin this week. And the sinking price of oil received at least some of the blame.
Just this week, the cost of a barrel of crude reached a 12-year-low of US$27, down from...










