Glut in oil sees price of barrel drop to $82 with $80 now on horizon
The price of oil continues to fall as a global supply glut grows. (Photograph: Brian Snyder/Reuters)
Brent oil dropped to a new four-year low
below $82 a barrel on Wednesday, a fifth straight day of losses, as
weak economic data from China and Europe intensified worries about
demand as a global supply glut grows... (Read more)