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Oil is crashing again

Jan 25, 2016, 15:09 IST

After a rally on Friday, oil is tanking again on Monday morning.

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Oil rocketed 8% on Friday, boosting stock markets around the world. Both Brent and US crude were trading higher in early trade on Monday.

But, at 9.30 a.m. GMT (4.30 a.m. ET), the price is diving again.

Brent is down 2.33% at $32.08:

Investing.com

While US crude is down 2.53% at $31.38.

Investing.com

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