SUBSCRIBERS
Crude oil continues fall to hit 4-year low amid oversupply
It has fallen 25% from the mid-June peak; analysts say prices will drop further unless Opec cuts output
Add BT as a preferred sourcePublished Wed, Oct 15, 2014 · 09:50 PM
London
BRENT crude fell to a fresh 47-month low on Wednesday before recovering to just above US$84 a barrel as faltering global growth curbed demand for fuel at a time of heavy oversupply.
Oil saw its biggest daily fall in more than three years on Tuesday after the West's energy watchdog slashed its forecasts for world oil demand for this year and 2015.
Share with us your feedback on BT's products and services
