Wednesday, January 6, 2016

Brent oil prices fall to fresh 11-year lows in risk-off trade



© Reuters. Brent oil prices fall to lowest since July 2004

Investing.com – prices fell to the lowest level since July 2004 on Wednesday, as worries over the health of the global economy added to the concerns that a global supply glut may stick around for longer than anticipated.


On the ICE Futures Exchange in London, Brent oil for February delivery dipped 70 cents, or 1.94%, to trade at $35.72 a barrel as of 08:48 GMT, or 3:48AM ET, after sinking to $35.54, a level not…



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Brent oil prices fall to fresh 11-year lows in risk-off trade

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