WTU crude down $1.12 to $42.34
The low so far is $42.33 and the November low is $42.20. It may act as some support with crude already down $1.20.
The market tried to stage a bit of a bounce today but the US inventory just wasn't good enough to sustain it. The market also wasn't impressed with OPEC's jawboning.
Aside from oil and the usual consequences, it's a problem for central banks who are about to be hit with a wave of energy deflation.