Experts say supply-side news continued to dominate the market and fears of surging Iranian oil are likely to increase further after Iran's oil minister stated the country had plans to raise oil pr...
January Brent crude slipped 56 cents to settle at $63.68 per barrel on Thursday after marking a fresh 5-1/2-year low of $63.05.
Economic concerns accelerated losses in oil prices which have been hit hard by a global supply glut.
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