06 January 2015 - Oil prices sank to fresh five-and-a-half year lows on Tuesday, extending losses after a 5% plunge in the previous session as worries over a global supply glut intensified. Brent crude was trading down $1.28 at $51.83 at around 1100 GMT while US crude was down $1.16 at $48.88. Monthly oil selling […] More »
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Tuesday, 6 January 2015
Oil benchmarks strike fresh lows
06 January 2015 - Oil prices sank to fresh five-and-a-half year lows on Tuesday, extending losses after a 5% plunge in the previous session as worries over a global supply glut intensified. Brent crude was trading down $1.28 at $51.83 at around 1100 GMT while US crude was down $1.16 at $48.88. Monthly oil selling […] More »
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