Brent slips to $106

Oil Price: Slumps to $106

Brent crude slipped towards $106 per barrel on Thursday and was set to post its biggest monthly loss in more than a year as higher OPEC output and disappointing demand in the US outweighed tensions in the Middle East and Africa.

Newsletter signup


Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?