The Week UK | Oil price could still be as low as $25 in a year's time The Week UK Oil prices fell sharply overnight and touched a near 13-year low as the US and EU prepared to lift international sanctions on dormant oil power Iran earlier than expected. In a market already flooded with excess supply that has pushed onshore reserves ... China's Market Plunge: It's All About Oil Kilduff: Time for an oil-industry bailout? Bearish US, China Data Push Oil to Two-Week Lows |