28.07.2016 - Could the oil price fall below $40 a barrel?
The oil price is still stuck near a recent near three-month low – and some analysts believe it could fall below $40 a barrel before the latest downward move is finished. International oil price benchmark Brent crude dipped back towards $44 a barrel this morning in London, less than a dollar above its 9 May low. The price indicator is set to record its first monthly fall in July since January, Reuters says, and at ten per cent, the drop will be proportionately the worst of the year so far...............................................Full Article: Source
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