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Oil prices slide back towards $30, heading for 10% weekly loss – business live

Discussion in 'Market News' started by Lily, Jan 15, 2016.

  1. Lily

    Lily Forum Member

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    Market braces itself for more supply from Iran as sanctions are lifted

    7.29am GMT

    Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.

    Brent crude is continuing its slide, trading down 1.85% at $30.31 a barrel at the minute. New York Light crude is down even more, losing 3% to $30.27 a barrel.

    The fall in new yuan loans showed there was little demand for investment and reflected sluggish economic performance in the real economy.”

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