Telegraph.co.uk | China's new oil contract signals shift from Brent and US dollar Telegraph.co.uk Initially, the contract only comprised light-sweet crude oil from the Brent field in the North Sea, but then was broadened to include a blend of high-quality oil from 15 different areas in the province. Today, the contract comprises oil from just four ... Oil prices fall on global oil glut fears, weaker U.S. jobs data Oil slips amid concern about glut Oil prices fall on global glut fears, slowing US jobs growth |