Oil Price Drops on Oversupply By STEVE AUSTIN for OIL-PRICE.NET, - TopicsExpress

Oil Price Drops on Oversupply By STEVE AUSTIN for OIL-PRICE.NET, 2014/10/06 In June of 2014 the Brent Crude Oil Price hit $115 per barrel and many oil market insiders were predicting higher prices. Other analyst however, called a peak, and their predictions proved to be correct. By the beginning of October 2014, the Index dropped to $95 and predictions of further falls down to $90 or even $80 hold sway. What changed?

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