Dubai Crude Price Crashes To Lowest Since 2004, Stocks Hit 2 Year Lows

by Tyler Durden
ZeroHedge.com
12/14/2015

Dubai Light Crude prices have plunged overnight, crashing the spot price below the 2008 lows for the first time, to its lowest since 2004. This is continuing to weigh on Dubai’s once-exuberant equity market which just hit fresh 2-year lows as financials and property companies plunge.

Worst in 11 years…

The Rest…HERE

This entry was posted on Monday, December 14th, 2015 at 12:56 pm and is filed under Economics, Oil, World Politics. You can follow any responses to this entry through the RSS 2.0 feed.