On Thursday oil prices crashed to five months lows as concerns about global oversupply wiped out all of the price gains since OPEC's move to cut output.
On Thursday, closing crude values have decreased.WTI on NYME closed at $45.52/bbl, prices have decreased by $2.30/bbl in compared to last closing prices. While Brent on Inter Continental Exchange decreased by $2.41/bbl in compared to last trading and was assessed around $48.38/bbl.
