From AP: Oil prices slumped Thursday after China announced no additional measures to revive its economy, and a variety of government reports suggested that energy use could fall further still.
Light, sweet crude for April delivery fell $1.77 to settle at $43.61 a barrel on the New York Mercantile Exchange. In London, Brent prices fell $2.22 to $43.90 on the ICE Futures exchange….. Full Article: Source