Oil prices continue free fall

Author:
Updated:
Original:

Oil prices dropped below $40 a barrel yesterday, the lowest level in four years, because of falling demand.

A day after the OPEC cartel announced it would cut crude production by an additional 2.2 million barrels a day, oil prices continued sliding, falling $3.84 to settle at $36.22 a barrel, according to a report in The New York Times.

Click here for the report.

Related

Live from Dealer Week

Yesterday’s live-streamed interviews included Malibu CEO Jack Springer; Ron Huibers, president of Volvo Penta of the Americas; and a virtual reality demo with Chaparral/Robalo.

LIVE from DEALER WEEK

Yesterday’s live-streamed interviews included Correct Craft CEO Bill Yeargin, who discussed market conditions; Stephanie Vatalaro, who talked about RBFF’s effort to get 60 million Americans boating and fishing; and Regal’s Duane Kuck, who with his sons described being part of a multigenerational boatbuilding business.