Global oil markets resumed their slide on Friday, with Brent and U.S. crude hitting April 2009 lows and ending down for a seventh straight week. [O/R]
(Compiled by Bengaluru Commodities Desk; editing by Andrew Hay)
(Reuters) - Bank analysts have lowered forecasts for average 2015 and 2016 crude oil prices, citing global growth concerns, a strengthening dollar and ample supply.
Global oil markets resumed their slide on Friday, with Brent and U.S. crude hitting April 2009 lows and ending down for a seventh straight week. [O/R]
(Compiled by Bengaluru Commodities Desk; editing by Andrew Hay)