Oil drops below $100 a barrel for first time since early May
By Alicia Wallace and Chris Isidore, CNN
Updated
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A customer pumps gas at an Exxon gas station on May 10 in Miami. Prices at the pump continue to shatter records ahead of Memorial Day weekend.
Marta Lavandier/AP
The average price for gasoline in California hit $6 a gallon on May 17 for the first time -- and analysts at JPMorgan are warning that price could be the national average before the end of the summer.
Liu Guanguan/China News Service/Getty Images
Gas prices hit yet another record high. A customer pumps gas into his vehicle, May 24.
Rogelio V. Solis/AP
For the first time in nearly two months, crude oil prices have fallen below $100 a barrel, reflecting investors' growing concerns about a US recession that could crimp demand for oil.
For the first time in nearly two months, crude oil prices have fallen below $100 a barrel, reflecting investors' growing concerns about a US recession that could crimp demand for oil.
The average price for gasoline in California hit $6 a gallon on May 17 for the first time -- and analysts at JPMorgan are warning that price could be the national average before the end of the summer.
For the first time in nearly two months, crude oil prices have fallen below $100 a barrel, reflecting investors' growing concerns about a US recession that could crimp demand for oil.
