AS the price of Brent Crude falls below US$20 per barrel and West Texas Intermediate dipped into negative territory last week, analysts are warning of more pain to come with crude inventories continuing to reach capacity and drill rigs becoming idle, but also a possible light at the end of the tunnel.
Oil price expected to recover by H2 2020
As of this morning the Brent is currently trading at US$19.86/bbl while the WTI sits at US$12.10/bbl. Bell Potter analysis released yesterday highlighted fears single digit Brent Crude prices...
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