Falling oil prices may be good news for consumers at the gas pumps, but they could be bad news for some bankers in the oil patch.
Oil prices fell another $2 a barrel Monday, extending a slide that began this fall. After peaking at more than $100 a barrel this year, U.S. crude is now changing hands for less than $65 a barrel—a five-year low.
Some oil market watchers say the price drop isn't over, thanks for a boom in U.S. production and a recent decision by market cartel OPEC not to cut production and tighten global supplies. Analysts at Morgan Stanley said that the resulting glut of oil could push prices as low as $43 a barrel next year.