Oil prices go down—crashing—good news or bad news?
HARGA MINYAK DUNIA JATUH GILA WORLD OIL PRICES CRASHING The oil prices are crashing. WTI hit US$82.95 per barrel yesterday. Down almost US$12 per barrel. Or down 12.40% from the day before. June oil futures are trading even lower at US$81.38 per barrel. The Dow Jones is going up, up and away. The Dow hit 49,546 yesterday Friday 17 April 2026. Compared to the day before: 48,463 on Thursday. That is a 993 point jump in the Dow in one day!! There is going to be a resolution in the Middle East. CL = Crude oil (specifically West Texas Intermediate crude oil futures) M = Contract month code for June 6 = The year ending in 6 (context determines the decade, e.g., 2016, 2026, etc.) Tuan Syed Akbar Ali wrote in his blog, OutSyed The Box yesterday, Friday 17 April 2026. End © Permadu Visit Permadu Malaysia blog at permadumalaysia.blogspot.com By Fauzi Kadir Chief Editor Assistant Editor Jamaliah Mohd Salleh Final editing and brought to you by Fauzi K...