Oil Prices Hit 6.5-Year Low

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Updated Apr. 14, 2017 10:10AM EDT / Published Aug. 14, 2015 7:44AM EDT

Mike Blake / Reuters

U.S. oil prices hit their lowest price since March 2009 on Friday, dropping to $41.35 a barrel. Some experts worry about a global oil glut that could drive prices even lower this winter. Additional output by Iran, if export sanctions are eased, may contribute to a further drop.

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Oil Prices Hit 6.5-Year Low

Mike Blake / Reuters