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There Is No Way Around It: These Charts Are Stunning

Myles Udland   

There Is No Way Around It: These Charts Are Stunning
Stock Market1 min read

If you've been following the market, you're probably aware that the price of oil has been crashing. 

We've been covering oil's movement every day and have covered the story from every angle.

After trading north of $105 a barrel this summer, West Texas Intermediate crude oil finished the week at $57.45.

And there is just now way around it: the charts of oil's collapse are just stunning.

WTI1yrBusiness Insider, data via BloombergWTI Crude oil is down more than 40% from its highs.

crude10yrBusiness Insider, data via BloombergThe sharpest sell off for oil since the financial crisis.

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