Crude Oil FALLS 20% Into Bear Market! What Will Happen To the Global Economy?

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Oil is largely regarded as one of the most important commodities in the world. Some would argue THE most important. Regardless, its price is highly volatile and subject to geopolitical tensions. We have seen several cases of it over the years and the impact is felt globally. Today oil has fallen into a bear market but what does that tell us about the global economy?

US crude falls into bear market on growing global oil output
https://www.cnbc.com/2018/11/08/oil-markets-opec-global-crude-production-in-focus.html
Crude oil | 1946-2018 | Data | Chart | Calendar | Forecast | News
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Crude Oil FALLS 20% Into Bear Market! What Will Happen To the Globa... | Ecency