Financial Times | Oil prices hit one year low on supply and economic angst Financial Times Oil prices declined for the second day in a row on Friday, hitting their lowest level in almost one year on the back of concerns over an increase in global supply and a slowdown in economic growth. Brent, the international benchmark, was down as much ... What Explains The Sudden Plunge In Iranian Oil Exports? India's Import of Iranian Crude May Surpass Last Year's Level - Oil Firm |