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Re: ChallengerSRT8 post# 1700

Monday, 10/13/2014 5:54:42 PM

Monday, October 13, 2014 5:54:42 PM

Post# of 2595
DON'T BE SURPRISED BELOW $90

Unfortunately this doesn`t help...


http://www.reuters.com/article/2014/10/13/oil-saudi-policy-idUSL2N0S80L020141013

Global benchmark Brent crude oil futures have fallen steadily for almost four months, dropping 23 percent from a June high of over $115 a barrel as fears of a Mideast supply disruption ebbed, U.S. shale production boomed and demand from Europe and China showed signs of flagging.

Brent fell below $88 a barrel on Monday, hitting its lowest in almost four years, after news of the Saudi and Kuwaiti statements.

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