Brent probes sub-$100 prices on speculatons of glut

Note: This section contains information in English only.
Source: Bloomberg
Brent traded under $100 for the third day straight in London, the longest streak since April 2013, when it managed to clock in a six-day run. The low price arose amidst the predictions that an economic upturn might create a surplus of supply in the inventories. The prices are set to fall the following year as crude production in the U.S reaches its 45-year peak. The average for Brent for 2015 is now expected to be $103 a barrel, a revision from $105.

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