Brent skids 5%; Saudi-Iran row cuts chances of output restraint

Brent skids 5%; Saudi-Iran row cuts chances of output restraint
06 January 2016 — Oil prices hit their lowest in over 11 years on Wednesday, as the row between Saudi Arabia and Iran was seen making any cooperation between major exporters to cut output even more unlikely. Evidence of slowing economic growth in China and India has fueled fears that even strong demand elsewhere may […] More »
Brent skids 5%; Saudi-Iran row cuts chances of output restraint Brent skids 5%; Saudi-Iran row cuts chances of output restraint Reviewed by Crude Oil Facilitators on 15:19 Rating: 5

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