BBC News | How low can the oil price go - and what is the impact? BBC News The oil price has tumbled again, with Brent crude sinking by 4.2% to $34.88 a barrel on Wednesday, taking the price to its lowest level since 1 July 2004. But how much further could the price fall? What could be the factors that might lead to a recovery? Trade it: Stocks that win on oil's free fall Oil Prices: Seeing a Bottom Doesn't Mean You're There Oil prices crash to 11-year low |