Brent drops as OPEC rejects supply glut next year

Note: This section contains information in English only.
Source: Bloomberg
European benchmark Brent crude declined on Monday trading session shrinking the WTI-Brent premium from $12.64 on Friday to $12.48 after the Organization of Petroleum Exporting Countries signalled it may reject a possibility of oversupply in 2014. Brent for delivery in February dropped 19 cents to $111.58 per barrel on the London's ICE Futures Europe exchange.

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