Comment on Market Extra: The world’s largest oil trader sees Brent plunging to $45 in 2018

Market Extra: The world’s largest oil trader sees Brent plunging to $45 in 2018

Brent oil prices could tumble more than 20% by 2018, as U.S. output surges and adds renewed pressure on an oil market that is already battling with a persistent oversupply, according to Ian Taylor, chief executive officer at Vitol Group, the world’s largest oil trader.

 

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