Wednesday 6 January 2016

Brent crude oil slides below $35 for first time in a decade - FT.com

Brent crude oil slides below $35 for first time in a decade - FT.com:

"Oil continued its volatile start to 2016 with Brent crude falling below $35 a barrel for the first time in more than a decade, surpassing lows reached in December as a seemingly relentless rise in global production overshadowed all other concerns.
A rift between Saudi Arabia and Iran over the execution of a prominent cleric saw Brent, the international oil benchmark, reach almost $39 a barrel on Monday."



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