Brent crude oil

Brent Crude plunges below $30, Lowest Since 2004

Brent oil prices fell on Wednesday, dropping below $30 a barrel to touch $29.96 for the first time since April 2, 2004.

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Oil hits new five-year low before rallying to $63

Brent crude oil hit a fresh five-year low close to $60 a barrel on Monday after producer group OPEC restated its determination not to cut output despite a global fuel glut, but the North Sea benchmark later rallied to around $63.

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Oil sinks below $63 to lowest in over five-years on glut, weak demand

Brent crude oil slipped on Friday to below $63 a barrel, its lowest since July 2009, on persistent concerns over a global supply glut and a sluggish demand outlook.

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