Crude Oil Price Today at $47.95 Marks Huge One-Day Drop

The oil price today (Wednesday) abruptly fell below $50 again. The oil price drop came after another weekly supply announcement. The U.S. Energy Information Administration reported crude oil supplies rose by 6.3 million barrels to 412.1 million in the week ended Jan. 30. The post Crude Oil Price Today at $47.95 Marks Huge One-Day Drop appeared first on Money Morning - Only the News You Can Profit From .