And this, despite bellicose talk and acts from Russia.
Fin24:
New York - Brent crude fell below $100 a barrel on Monday, the first
time in nearly 15 months, before returning to close in three-digit
territory but down on the day as fear of Opec output cuts helped the
market recover from weak Chinese and US data.
Slower-than-expected
growth in the world's top oil consumers, and ample supply, has pushed
prices down from a high for the year above $115 in June, complicating
central banks' efforts to ward off deflation.