NEWS ARCHIVE

Downward pressure continues on oil price

AS the ramifications of the Greek debt crisis continue to echo around the world, the oil price has dipped again, especially in Asia, and worse could be yet to come, Wood Mackenzie said at the weekend.

Haydn Black

Oil prices fell on July 6 due to the Greek referendum, with the Greek people voting against further austerity measures, while Asian oil prices were hammered in response to the China stock market rout,...

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