Oil prices plummet again despite Saudi output

Opec and US production falls as markets see price set to end 30% lower than last yearOil prices fell over 3% on Wednesday after new data showed US crude supplies continuing to grow while Saudi Arabia promised to keep up its policy of pumping its wells flat out.A barrel of benchmark Brent crude was changing hands for $36.58 at one stage, leaving it on track to end 2015 30% lower as demand failed to keep up with supply. Continue reading...