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Morgan Stanley has said oil could fall to $20 a barrel, while Standard Chartered has predicted an even bigger slide, to as low as $10. Standard said: “Given that no fundamental relationship is currently driving the oil market towards any equilibrium, prices are being moved almost entirely by financial flows caused by fluctuations in other asset prices, including the US dollar and equity markets.

“We think prices could fall as low as $10 a barrel before most of the money managers in the market conceded that matters had gone too far.”

Harga minyak mentah jatuh ke paras AS$30.66 setong

KUALA LUMPUR 12 Jan.  - Penurunan harga minyak mentah hampir 20 peratus sejak awal 2016 yang tidak pernah dicatat selama ini, menyebabkan penganalisis terus mengurangkan unjuran harga.

Harga minyak hadapan jenis West Texas Intermediate (WTI) menyusut setiap hari sepanjang tahun ini dan didagangkan pada harga AS$30.60 (RM135.14), paling rendah sejak Disember 2003.

Pada awal pagi tadi, minyak mentah Brent jatuh kepada AS$30.66 (RM135.41), paling rendah sejak April 2004.

- See more at: http://www.utusan.com.my/bisnes/ekonomi/harga-minyak-mentah-jatuh-ke-paras-as-30-66-setong-1.179048#sthash.A6Y4j1ag.dpuf

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