Oil Prices Slide Below $80 Per Barrel | Economic News Today

Here's your economic news today: Shares of Carvana plummeted by more than 40%. A 90% year-over-year drop in ocean freight rates for cargo from China bound to the U.S. West Coast exceeded the expectation. Oil edged to its lowest since the start of the year in volatile trading.

In this video:
0:00 Morning Jog 12-07-2022
00:25 Carvana shares tank, down by 25%
01:42 Freight rates are falling off the cliff down 90%
03:05 Oil down, lowest since January

#economicnewstoday #carvanashares #freightrates #oilpricesnews

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Sources:

https://www.cnbc.com/2022/12/07/carva...

https://www.cnbc.com/2022/12/07/freig...

https://www.reuters.com/markets/commo...