The world’s largest oil trader sees Brent plunging to $45 in 2018
October 18, 2017 at 11:31 AM EDT
Brent oil prices could tumble more than 20% by 2018, as U.S. output surges and adds renewed pressure on an oil market that is already battling with a persistent oversupply, according to Ian Taylor, chief executive officer at Vitol Group, the world’s largest oil trader.
