Brent crude hits $106/bbl
Will Brent crude fall below the $100/bll mark?
The question of Brent crude and its impact on European Gas and
Power prices has long been a contentious subject. UK industry
argues that Brent Crude has no place as a European, and therefore,
UK commodity driver. Much lobbying has taken place to sever this
much maligned link.
With the OPEC nations also voicing concerns over inflated oil
prices and the global recession spreading far and wide, it is
expected that Brent crude will fall below the $100bbl mark in