business

Fat Prophets: Brent crude can test $90/bbl in future

Weak economic data saw Brent crude prices fall to a 16-month low, below USD 98 a barrel, on Monday. Voicing the same concern is David Lennox of Fat Prophets. He says this price correction in Brent crude prices is the result of a slowdown from China, to Europe to the US.

first published: Jun 4, 2012 12:26 pm