Crude oil driven back to 2009 levels on jump in U.S. supplies, Fed hike


The U.S. government reported a surprise jump in last week’s domestic crude supplies and the Federal Reserve announced its first interest-rate hike in more than a decade, sending oil prices back to levels not seen since early 2009.
Time (EST)Crude Oil - Electronic (NYMEX) Jan 20168:0017 Dec4:008:0012:004:00
12/16/2015 11:25 PM to 11:30 PM ESTUS:CLF6$35
$35.3$35.4$35.5$35.6$35.7$35.8$35.9
January West Texas Intermediate crude CLF6, -0.20%  dropped $1.83, or 4.9%, to settle at $35.52 a barrel on the New York Mercantile Exchange. The settlement was the lowest since February 2009.
On its expiration day, January Brent crude LCOF6, -3.30% fell $1.26, or 3.3%, to end at $37.19 a barrel on London’s ICE Futures exchange.

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