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Oil Hits New Low of the Year at $55 a Barrel
Posted
December 16, 2025
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December 16, 2025
8,379
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3:54Now PlayingWest Texas Intermediate oil fell below $55 a barrel for the first time since February 2021 on signs that supply is outpacing demand. Mike McGlone of Bloomberg Intelligence says oil could drop to $40 next year. He's on "Balance of Power."
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