Oil crumbles to seven-month low
The pain in oil continues
Now the $60 level is directly in the sights of crude.
One thing that could spark a rescue would be a drop in the US dollar after the midterms but how the votes go today and how markets react tomorrow is anyone's guess.
For now, oil has plenty of company with commodities broadly softer. Nickel, sugar, copper, natural gas and gold are all losers today.