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OPEC

World news about “OPEC” published by euronews.

10/09 19:33 CET

Oil prices drop further due to oversupply

Oil prices drop further due to oversupply

Oil prices continue to tumble, having slipped below the psychological important $100 a barrel threshold. Brent crude, the most widely traded international benchmark, is in fact below $99 dollars. Soaring US shale oil production and the return of exports from Libya is boosting…