Home NEWS WORLD NEWS Brent hits 5-1/2-year low near $57, supply glut weighs

Brent hits 5-1/2-year low near $57, supply glut weighs

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Brent hits 5-1/2-year low near $57, supply glut weighs

SINGAPORE (Reuters) – Brent oil fell to a fresh 5-1/2-year low near $57 per barrel on Tuesday, as persistent worries about a global supply glut offset concerns about output disruptions in Libya. Forecasts for a 900,000-barrel draw in oil stocks last week in top