You are here

Glut concerns pushing down oil prices to Great Recession lows


OIL prices are flirting with  Great Recession lows following last week's fractious Opec meeting.

Brent oil prices have plunged 5 per cent from US$45.1 early last Friday to US$42.9 a barrel while US West Texas Intermediate hovered around US$38.7 - a six-year low, on the...

Market voices on: