Crude prices continued to fall in the international market not to stop taking. Brent crude fell to $ 36.17, which is the lowest level in 2004, Due to the decline in crude supplies grow and produce anxiety is reaching record levels. …
Brent crude on the 11-year low …
Monday’s session at $ 36.17 per barrel Brent crude fell 2 per cent is reached, which is the lowest level since 2004. It was trading at low prices before 2008 ….
Crude expected to fall to $ 20 …
After Goldman Sachs, CLSA also said that crude falling to $ 20. Since June US crude production fell to just 4.5 per cent. Saudi Arabia and Iran, where one side of the dispute, while OPEC is not even being considered. That CLSA expects crude to fall to $ 20 ….
Not expected to fall even further mindless …
International Energy Agency, the IEA estimates that oil demand than supply in the market during 2016, the series can continue. On the other hand, the persistent increase in production from OPEC countries is expected to remain. In these circumstances, the international crude oil prices may remain ….
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