Telegraph.co.uk | Asian markets tumble as oil heads further south Telegraph.co.uk The IEA said Tuesday oil prices are set to fall further this year as supply vastly exceeds demand, with major oil exporter Iran's return to the market offsetting any production cuts from other countries. "Can it go any lower?" the IEA said. "Unless ... Asian stocks slide to four-year lows as oil spirals lower S&P 500 ends unchanged; more carnage in oil stocks Asia stocks sink again as oil heads further south |