Over the past week, no doubt fueled (bad pun there) by the Greek tragedy and its effect on the euro, oil prices have dropped 10%.
As I write this, West Texas Intermediate (WTI) is at $54.13 a barrel. Last week it was over $60 a barrel.
Where will it go from here? Your guess is as good as mine.
===========================================
UPDATE: As of 3:52PM Eastern time, WTI is at $52.74 a barrel. That is down $4.19…7.4% for the day so far.
