Oil prices tumbled Wednesday as new government reports show crude inventories continuing to build, suggesting that demand for oil and gasoline will not rebound anytime soon.
Light, sweet crude for February delivery fell more than 4 percent, or $1.56 per barrel, to $36.22 a barrel on the New York Mercantile Exchange after trading as high as $39.45.
I get so confused, so is it good news the price is dropping?
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