| Recent volatility in the price of oil has led some analysts to re-examine the history of price swings for the commodity. Wednesday's price, back to the recent lows branded "close to unsustainable" by HSBC strategists, came after an oil price spike on Monday that was bigger than any since the Gulf War broke out.
Oil is causing a headache for investors, with the price now down around 60 percent since 2014's peak around $95 a barrel, and similar to the price fall seen during the 2008 global financial crisis. Brent crude was trading at around $48.90 on Wednesday, while U.S. crude oil prices were down more than 2 percent at around $44.40 a barrel...............................................Full Article: Source
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