CNN CNN Newsroom With Carol Costello December 11, 2014 14:59:00
$60.50. we're keeping an eye on oil. oil prices dropping. they were the catalyst to the huge selloff we saw yesterday where the dow lost more than 200 points. this is really -- with oil, it's one of those supply and demand 101 issues. if there's more supply and less demand, prices will fall. that is the exact equation that's going on right now with oil. but what investors are really worried about when it comes to oil is what it means for the global economy when you see oil fall so much. more than 40% over the past six months. investors are worried what's behind the decline in oil prices. is it...