| Top energy watchdog says most oil produced in the world is still profitable at prices around $80 per barrel in potential boost for global growth. Oil prices are anticipated to fall below $80 per barrel as the Organisation of Petroleum Exporting Countries (Opec) is increasingly expected to keep its spigots open as the world's biggest drillers fight for market share.
Brent crude has fallen 23pc this year and was down briefly below $87 per barrel in London trading hours Monday after Saudi Arabia - the world's biggest exporter - had indicated it would be comfortable for prices to remain depressed in the short term...............................................Full Article: Source
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