Crude oil prices have plummeted after the Dow Jones falls 1,000 points in a huge plunge as stocks on global markets extended their recent selloff led by declines in energy shares. As the Dow plummeted oil prices were lower, pressured by rising US output and other factors. US crude fell 2.38 percent to $63.89 per barrel and Brent was last at $67.49, down 1.59 percent on the day. Canadian crude dropped 3.57
percent to $34.27 per barrel. West Texas Intermediate crude oil fell to $63.63 a barrel during the American session and later climbed back $64.15 per barrel on the New York Mercantile Exchange. This is the lowest finish since January 22, according to FactSet data. Oil prices dropped as the US benchmark dropped to the lowest settlement in two weeks. READ MORE
