As Crude Swings Lower, Is It Time to Buy Energy Stocks?
December 29, 2014 at 15:32 PM EST
What started off as a good day for oil quickly turned sour. Crude prices dropped to new multi-year lows, reversing an earlier rally that was fuelled by reports of unrest in Libya. Light, sweet crude oil for February delivery fell $1.12, or 2% to settle at $53.61 a barrel on the New York Mercantile Exchange, [...]