Devon Energy Production

US Markets Trading Sharply Lower After Oil Prices Plunge

(ABC News) — The Dow Jones Industrial Average dropped as much as 400 points today after oil prices fell below $30 a barrel. Oil prices are now trading at 12-year lows. New oil supplies from Iran, which is starting to ramp up production after an easing of international sanctions, will continue to put downward pressure on global oil prices. All 30…