Brent Oil Sinks to 13-Month Low as Global Supplies Climb

Brent crude fell to the lowest in 13 months as the International Energy Agency said a supply glut was shielding the market against threats in the Middle East. West Texas Intermediate also declined. Brent dropped the most in four weeks. The IEA cut projections for demand growth this year and next …

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Brent Oil Sinks to 13-Month Low as Global Supplies Climb