Monday 23 November 2015

OIL TRADES NEAR THREE-MONTH LOW AS EXCESS SUPPLY TAKES TOLL

Brent crude oil futures traded near three-month lows on Friday as the pressure of a persistent supply glut quashed any optimism about a price recovery. An early rally in Brent crude proved difficult to sustain, as focus returned to an overhang that has cut prices by more than 10 percent this month.
Read more @ Businessdayonline

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