You are here

Oil prices drop to 5-year low on oversupply

333459073232.jpg
Brent crude oil fell more than US$2 a barrel on Monday to a new five-year low on predictions that oversupply would keep building until next year after Opec (Organization of the Petroleum Exporting Countries) decided not to cut output.

London

BRENT crude oil fell more than US$2 a barrel on Monday to a new five-year low on predictions that oversupply would keep building until next year after Opec (Organization of the Petroleum Exporting Countries)...

sentifi.com

Market voices on: