International Business Times UK | Oil prices fall further as traders expect rates as low as $30 International Business Times UK Oil prices declined further on 18 August amid expectations of weaker demand from Asia, while oil-rich nations remain adamant about keeping their production goals. Brent crude is trading down 0.27% at $48.61 per barrel as at 5.48 am GMT, while West ... US oil prices near six-year lows as China weighs Oil prices fall again as US, Asia demand looks set to weaken US Oil Price Hits New Six-Year Low |