Supply surfeit pressures prices

摘要

Oil prices slid further, pressured by plentiful supply, rising US stocks and uncertainty over whether Opec and its non-Opec partners will decide to cut output. Atlantic basin benchmark North Sea Dated fell by $3/bl to $58.38/bl in the week to 29 November, while US marker WTI shed $3.18/bl to $51.45/bl.