Crude Oil Futures Continue To Tumble

March Crude Oil futures are trading lower by $1.37 at $28.20 in Wednesday's session. It has made a new multi-year low for the third day in a row. In the after hours session on Tuesday, the contract attempted to rally but found sellers just above Tuesday's close ($29.57), reaching $29.65 before turning lower. Once it breached the former low for the move ($29.35), it tumbled to $28.02. At this time it has rebounded no higher than $28.26.