Reuters: Oil extends slide to below $30 as oversupply worries return

08:20, 26 January 2016

Economy

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Crude futures fell on Tuesday, dropping below $30 a barrel and extending the previous day's losses by more than 2%, as fresh worries about oversupply from top producers Saudi Arabia and Iraq spooked the market, according to Reuters.

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Reuters: Oil extends slide to below $30 as oversupply worries return

Crude futures fell on Tuesday, dropping below $30 a barrel and extending the previous day's losses by more than 2%, as fresh worries about oversupply from top producers Saudi Arabia and Iraq spooked the market, according to Reuters.

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