(The Hill) — Oil prices on Tuesday dropped to their lowest point since 2021.
U.S. benchmark West Texas Intermediate (WTI) was trading at about $55 per barrel, according to Business Insider’s tracker. That’s down from even earlier in the week when prices were as high as $58 per barrel.
Story continues below
- New Mexico News Insiders:Can Albuquerque Reimagine the Fairgrounds?
- Trending:New Mexico man missing since September has died
- News: Albuquerque city councilor claims City Attorney acted unethically
- News:NM expanding use of gun and bullet scanning technology to more easily link crimes
The last time that prices were this low was in early 2021, when oil demand was still low due to COVID-19 lockdowns…