MIDDLE EAST

World Bank tips $30 oil

THE World Bank predicts that if Iran's nuclear accords are passed and it returns to the global energy trading market, adding one million barrels of oil per day, it could drive down the price of a barrel of oil by $US10 by next year – dire news as the oil price tests five year lows of $US40 per barrel.

North American oil prices hit their lowest point since March 2009 on Friday, with West Texas Intermediate falling to $41.35/bbl and Brent, which provides most of the oil for the international contract...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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