Crude oil prices slid to seven-year low points this week as oversupply concerns, low demand growth and a strong dollar causes turbulence across the global commodity sector. "Commodity prices have plunged to new multi-year lows again, with crude oil and iron ore leading the way, and the latter at decade-lows," wrote analysts at Italian bank UniCredit in a note to clients. Share prices in energy and mining companies tumbled also this week in the wake of sliding prices for key raw materials.
