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Oil falls to three-month low as supply outage concerns ease - The Globe and Mail
The Globe and Mail | Oil falls to three-month low as supply outage concerns ease The Globe and Mail Oil prices slumped 4 per cent on Monday, with Brent reaching a three-month low, as Libyan ports reopened and traders eyed potential supply increases by Russia and other producers. Brent crude futures fell $3.09 to $72.24 a barrel, a 4.1 per cent loss, ... Oil price drops on talk of possible release of global crude reserves, slowdown in economic growth Oil Falls as Traders Anticipate Higher Supply Why Big Oil Is Helpless To Prevent A Supply Crunch |
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