Detailed text transcripts for TV channel - MSNBC - 20181108:20:59:00
Right now, u.s. crude oil has slipped into a bear market after a very swift decline over the last month falling more than 20% from its four-year high last month. settling today at $60.67. this plunge is, in part, a reaction to the trump administration's issuing of waivers to eight countries allowing them to continue importing iranian crude. part of the run-up in the price of oil was the fear that the u.s. would reimpose sanctions on iran and crude oil would become more expensive. the u.s. has restoerd sanctions on the energy, banking and shipping industries. that happened on monday, but these ...