Oil prices drop to lowest since 2004
Both Brent and Crude down
Brent crude prices fell to their lowest in eleven years yesterday, reaching $36.05 a barrel, below the level seen during the financial crisis in 2008.
The weakest price since July 2004 was pushed down by global oversupply, while lower demand for heating oil on warmer-than-normal temperatures and the strong dollar also weighed. Meanwhile, US crude...
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