Brent crude — a global benchmark for oil prices — has lost $11.4 of its value to $87.2 a barrel since Nov. 4. Here’s a look at the key factors at play in the oil market and where experts see a near-term bottom.
Crude oil prices have cooled by as much as 11.6 percent over the past 11 days – a boost for India, which meets the lion’s share of its oil needs through exports. Lower oil prices are also supporting the domestic currency against the US dollar – which has been moving for about 20 years…
