The decision of the Organisation of Petroleum Exporting Countries (OPEC) not to cut crude oil production so as to curb the glut in the market has continued to take its toll on the price of the commodity as Brent crude oil fell further than $2 per barrel on Monday to a new five-year low on predictions that excess supply would keep building until 2015.This is coming as a United States investment bank, Morgan Stanley, said in a report released at the weekend that oil prices could fall as low as $43 a barrel next year.
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